Dear Expert,
Please clarify whether the following :
1.Education cess levied for CUSTOMS - 2% is exempted vide notification no.054/2017
2. Secondary & Higher Education cess of Customs - 1% is exempted vide notification no.055/2017.
As the Education levied under for Central Excise is already exempted earlier, these two are meant for Customs??
Please clarify
Regards,
Nagarajan PV
Clarification Sought on Education Cess Exemption for Customs Duties; SEZ Import Duties Exempt A discussion on the exemption of education cess and secondary education cess for customs duties involved several participants. The initial query sought clarification on whether these cesses are exempted by specific notifications. Responses indicated that education cess on Integrated Goods and Services Tax (IGST) is exempted, but it still applies to basic customs duty. One participant noted that import duties are not payable by Special Economic Zones (SEZ). The original poster expressed confusion regarding the applicability of certain sections of the Customs Tariff Act and requested further clarification, questioning potential discrepancies in the notification or the Act itself. (AI Summary)
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