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POST BUDGET CUSTOMS DUTY

     POST BUDGET RATE & VALUE
               RATE                VALUE
        A ASSESSABLE VALUE                   -                    100
        B BASIC CUSTOMS DUTY (ON A)                  10                10.0000
        C ADDITIONAL CUSTOMS DUTY (CVD) (ON A+B)               16.48                18.1280
        D ED.CESS ON AGGREGATE CUS.DUTY (ON B+C)                   2                0.56256
        E SEC.& HIGHER ED.CESS ON AGGREGATE CUS.DUTY (ON B+C)                   1                0.28128
        F SPECIAL ADDITIONAL CUS.DUTY (SPECIAL CVD)
(ON A+B+C+D+E)
                  4                5.1589
        G TOTAL CUS.DUTY
(B+C+D+E+F)
                  -                34.1307
        H NET REDUCTION - POST BUDGET                   -                2.6056

NOTE:

Cenvat credit allowed on Additional Customs Duty (Cvd). For manufactures, Special Add. Cus. Duty (Special CVD) also allowed credit. In case of service providers, manufactures of exempted goods and traders credit of Sp. CVD is not allowed. No credit is allowed on Customs Ed. Cess and Customs Sec. & Higher Ed. Cess




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Last updated on : 31st March, 2008 10:30 Hrs IST
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