In excise invoice CVD & CVD Cess Value

[Former Member]

Hai

My client is selling Granites from plant.This Plant having 100% EOU licence.Any customer buying from this plant client is charging CVD and CVD Cess other than BEDECessSh.ECess.(i.e customer is buying from 100% EOU plant means nothing but importing from different country).

how CVD and CVD Cess flows into excise invoice .In TAXINN where I have to include CD and CVD Cess in Default conditions....

Any suggestions please.............

Thanks

Sree

[Former Member]

Hello Sree,

Did you get any solution for the above query?

i am also having the same scenario with one of my client.

While they are selling any products from the EHTP Unit, that time they are charging

Basic custom duty on accessible value

+  CVD

+ Educatoin Cess on CVD @

+ Secondary & Higher Ed. Cess on CVD @

+ Add:Education Cess on Aggregate duty @

+ Add:Secondary & Higher Ed. Cess on Agg. Duty @

+ Additional Duty @2% on all customs duties

+ Cess @ 1% on all customs duties

They want all the amounts should hit the BED (Basic Excise Duty) G/L Account.

So can you please help me out how to map this scenarion?

@ Gurus please give your suggestions on the same.

[Lakshmipathi]

Dear Sree

From 100% EOU, if you make any domestic sales, CVD should not be charged

thanks

G. Lakshmipathi

[Former Member]

Dear Lakshmipathi

Client is charging CVD (6.25%)and CVD Cess(2%) charging along with BEDECSSHECess and VAT 12.5% charging.I checked .My plant having a 100% EOU Licence.Thats why I am collecting.Material Polishing Granite.

Thanks

Sree

Edited by: sree sree on Feb 19, 2009 11:20 AM

[Lakshmipathi]

Only after checking with the excise man who is working in 100% EOU, I had given the above suggestion and I can confidently say that the process what your client following is wrong. They need to check once again with their Central Excise Range Office.

thanks

G. Lakshmipathi

[Former Member]

Hi sree,

In this case since CVD and CVD Cess paid to the vendor while importing, this can be directly added to the price of the product, you need not to pass it on to the customer. where as Excise is concern customer can avail an excise benifit, so you pass excise to your customer.

Regards and Thanks,

Swamy H P

[Former Member]

Dear Swamy

material producing same Plant itself.(100%EOU Plant).Granite neither importing from any country nor buying from any EOU,s from client side. When I am selling from my produced plant 100% EOU plant on that time only I am collecting CVD and CVD Cess from customer.

thanks

Sree

[Former Member]

Hi sree,

For Domestic sales CVD and CVD Cess will not be there.

Please check with your client and proceed.

Thanks,

Swamy H P