Excise Duty on Mobile Battery @ 2% Without CENVAT @ 12.5% with Cenvat
A imported input of Mobile battery like, PCB, Upper Bottom Parts, Cells, Stickers etc without paying BCD, CVD & SAD under customs (import of input on concession rate of duty) Rule 2016 eralier w.e.f. 16/03/2016. A manufactured battery in his factory. the buyer of battery is not mobile or cellular manufacturer, A sale battery in open market. what will rate of duty either 2% or 12.5%. moreover if sale to mobile or cellular manufacturer what will be rate of duty either 2% or NIL against excise (clearance of input under concessional rate of excise duty) Rules 2016.
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Clarification Needed on Excise Duty Rate for Mobile Batteries from Imported Components Under Concessional Rates A user inquired about the applicable excise duty rate on mobile batteries manufactured from imported components under a concessional duty rate. The components were imported without paying BCD, CVD, and SAD, and the manufactured batteries are sold in the open market, not to mobile manufacturers. The question was whether the duty rate should be 2%, 12.5%, or NIL. A respondent highlighted the need to clarify the intended purpose of the imported materials, as concessional rates typically apply to goods intended for export, making it challenging to provide an accurate duty rate without further details. (AI Summary)
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