Wednesday, August 17, 2011

How do u calculate the excise duty payable for DTA sale of software by a 100% EOU?

Section 3(1) of the the Central Excise act provides that aggregate of customs duties shall be paid as Central Excise Duty for clearance by 100 EOU. Do you need to pay Education CESS and Higher Education CESS on the aggregate of Customs Duties? If so what are the provisions?

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