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

[DR.MARIAPPAN GOVINDARAJAN]

Whether you have got clarified in this issue?

AI Summary

Import duty classification for coal: query on applicable customs, CVD, cesses and input credit eligibility.
Query seeks classification and tax treatment for imported bituminous/steam coal used in a coal gasification unit, stating customs duty at 2%, CVD at 2%, education cess at 2% and higher education cess at 1%, with SAD not applicable, and asking whether CENVAT credit can be availed on the CVD and cesses.