TMI BlogDuty credit on ImportX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear Sir/Madam, Kindly inform formula to calculate custom and excise duty from import bill of entry. Also clarify on maximum/total duty credit allowed on imports in Cenvat register and column number ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... where to be recorded. Thanks - Reply By YAGAY AND SUN - The Reply = From CBEC/ICEGATE Website you can get the duty calculation and the CENVAT credit shall be available to you would be sum total o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... f CVD + SAD. - Reply By Ganeshan Kalyani - The Reply = Sir, the formula is as below: A) Cost = B) Add: landing charges = 1% of cost C) Assessable value = A+B D) BCD = C x % of duty applicab ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... le E) Value = C + D F) CVD = E x % of CVD G) Total value = E + F H) Ed. Cess = (D+F)*3% I) Total Import value = G+H. Thanks. However please cross check with the import duty calculator before ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... implementation. Thanks. - Duty credit on Import - Query Started By: - Ashok Tank Dated:- 16-11-2015 Central Excise - Got 2 Replies - Central Excise - Discussion Forum - Knowledge Sharing, reply po ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... st by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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