Credit of Duty paid on import of Lab. Equipments

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..... We are first stage dealers (importer) of essential oils. We need to import lab equipment which will be used to do testing of imported material. Can we take credit of import duty (CVD ACD) paid whi .....

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..... le importing of Lab equipment. - Reply By Rajagopalan Ranganathan - The Reply = Sir, If testing of essential oils amounts to 'manufacture as per Central Excise Act, 1944 / Central Excise Tar .....

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..... iff Act, 1985 then you have to pay central excise duty on such oils when you market the same. If testing does not amount to manufacture and the same is not excisable then you cannot avail the credit .....

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..... of CVD ACD (SAD). - Reply By Ganeshan Kalyani - The Reply = Sir, the input output nexus need to be checked for taking credit. Thanks. - Credit of Duty paid on import of Lab. Equipments - Query .....

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..... Started By: - sachin shilamkar Dated:- 1-8-2016 Customs - Import - Export - Customs - SEZ - Got 2 Replies - Customs - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion .....

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..... Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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