Exemption of ADDL CVD

[Asked by 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

AI Summary

Additional countervailing duty exemption for pre packed goods with affixed MRP applies when packaging remains unchanged, even if supplied under ex bond.
Exemption of additional countervailing duty applies to pre packed commodities with affixed MRP intended for retail sale, subject to the notification's conditions. The exemption criteria do not specify the ultimate use of goods; if imported packages are not repacked or altered under customs bond, the exemption can be claimed provided the prescribed conditions are met.