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Issue ID : 110016
- 0 -

tarrif no 90172010

Date 10 Mar 2016
Replies2 Answers
Views 993 Views
Asked By

my company charge the duty 2 % why because tarrif rate is 6%

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Replied on Mar 10, 2016
1.

Dear Sh.ashish yadav Ji,

You are paying duty @2% under notification no.1/11-CE dated 1.3.2011 as amended vide Notification No.16/12-CE dated 17.3.12. You product is specified and mentioned at serial no.119 of Notification No.1/11-CE dated 1.3.11 for this concessional rate of duty. You are not to take input credit or input service credit. That is why rate of duty is 2% instead of 6%.

 

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Replied on Mar 10, 2016
2.

ok sir thanks but we can not take the service tax credit available service tax credit.

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