Exemption of ADDL CVD

[Guest]

Dear Sir, Under Customs notification no 21/2012 Sr.no 2 which enables us for exemption of ADDl CVD (4%) on pre-packed commodities with affixed MRP and which are intended for Retial Sale only. Further if MRP pre-packed goods with affixed MRP on it if supplied for industrial use under EX-bond clearance from Customs, then even after affixing MRP on it whether we can claim exemption of ADDL CVD 4% duty. Please explain and please give us any reference regarding this.Thanks & Regards

[PAWAN KUMAR]

Dear Sir,

S.No.2 of Notification No.21/2012-Customs Dated 17.03.2012 does not specify the use of goods. It only specify the category of goods if covers, exemption is to be applicable of addl. duty subject to conditions prescribed in para 2 of notification main body.

[Rajagopalan Ranganathan]

Sir,

The Notification referred to by you does not contain any condition that if the imported packages are sold for industrial use it will not be treated as retail sale. Moreover you are not going to repack the goods under customs bond in larger packing so that the imported goods are supplied for industrial use. Therefore in my opinion you are eligible to claim the exemption.

AI Summary

Exemption of Additional CVD on Pre-Packed Commodities for Industrial Use Confirmed Under Customs Notification 21/2012 A query was raised regarding the exemption of Additional Countervailing Duty (ADDL CVD) on pre-packed commodities with a Maximum Retail Price (MRP) intended for retail sale, as per Customs notification no 21/2012. The question concerned whether this exemption applies if such goods are supplied for industrial use under EX-bond clearance. Two responses clarified that the notification does not restrict the exemption based on the goods' use, suggesting that the exemption is applicable even if the goods are supplied for industrial purposes, provided conditions in the notification are met.