Calculation amount- BED, CVD and ADI

[pardeep bisht]

co. x want to import the lubricant in 1 ltr pack ,2ltr pack , 5 ltr pack or 200ltr drum , please clear on what amount BED , CVD and ADI Calculate ,either it calculate on CIF Value or requier the MRP declaration , if we have no MRP that how the procedure

AI Summary

Guidance Sought for Calculating Excise Duties on Lubricant Imports; MRP Crucial for Customs Clearance A company seeks guidance on calculating Basic Excise Duty (BED), Countervailing Duty (CVD), and Additional Duty of Customs (ADI) for importing lubricants in various packaging sizes. The discussion clarifies that BED is based on the CIF value with certain additions, while CVD requires a declared Maximum Retail Price (MRP). Without an MRP, customs may not clear the goods. For bulk imports like 200-liter drums, MRP rules under the Standards of Weights and Measures (Packaged Commodities) Rules, 1977, may not apply if the goods are for industrial use or repackaging.