BUDGET CHANGES REGARDING DTA CLEARANCES

[Asked by Guest]

Dear Sir,

Please explain regarding changes made as per notification 18/2014 ce of clearances made by eou unit to dta unit,pls explain in simple words,

thanks and regards.

AI Summary

Exemption of education cess on EOU-to-DTA clearances removes customs-component cess liability under amended central excise notification.
Amendment exempts the education cess and the secondary and higher education cess (customs component) on goods cleared by an Export Oriented Unit into the Domestic Tariff Area by inserting new entries in the central excise notification governing EOU-to-DTA clearances, thereby treating those cesses as not leviable on such clearances.