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Central Excise - Highlights / Catch Notes

Home Highlights September 2013 Year 2013 This

Payment of duty by 100% EOU - What was required to be done for ...

Case Laws     Central Excise

September 7, 2013

Payment of duty by 100% EOU - What was required to be done for the purpose of calculating duty payable by a 100% EOU was to calculate the customs duty payable (by calculating 25% of the normal rate as per the exemption notification), add CVD and thereafter treat the amount as excise duty and pay Cess on the same which would be the Cess payable on central excise duty worked out as per the formula. - AT

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