Import of coal - Reg

[vinay wakde]

We shall be importing “Bituminous Coal / Steam Coal” for coal gasification unit of our Sponge iron. In the matter kindly give your valuable guidance.

(1)    Chapter sub-heading number for Bituminous Coal and Steam Coal.

(2)    Custom duty after Budget 2013 is 2%

(3)    CVD is 2%

(4)    Educational  Cess  2% & Higher education Cess 1%

(5)    SAD not applicable.

Please also let us know whether we are eligible to take Input credit (CENVAT) on CVD  & Cess.

Regards,

VINAY

AI Summary

Guidance Sought on Import Duties for Bituminous Coal in Sponge Iron Plant; CENVAT Credit Eligibility Questioned A query was raised regarding the import of 'Bituminous Coal / Steam Coal' for a coal gasification unit in a sponge iron plant. The inquirer sought guidance on the chapter sub-heading number for these types of coal and details on applicable duties and taxes post-Budget 2013: a 2% customs duty, 2% CVD, 2% educational cess, and 1% higher education cess, with SAD not applicable. Additionally, they inquired about eligibility for CENVAT credit on CVD and cess. A response was provided, asking if the issue had been clarified.