CVD claim

[madhavvan n]

can a importer who has trading excise licence claim cvd when he sells the goods is he required to charge excise and at what value

AI Summary

Importers Can't Charge Excise on Sales but Must Pass CVD to Buyers; CVD Credit Claim Unclear An importer with a trading excise license cannot charge excise duty at the time of selling imported goods. However, the importer must pass on the Countervailing Duty (CVD) amount to the buyer, equivalent to what was paid at import, proportionate to the quantity sold. There is a query regarding whether the importer can claim credit for the CVD before passing it on, but the response does not clarify this aspect.