https://www.taxtmi.com/article/detailed?id=5634 Customs imposes basic customs duty, CVD and SAD: basic duty is non cenvatable; CVD and SAD provide input tax relief-CVD is creditable against excise and service tax, SAD equalises VAT/CST incidence and may be refunded to traders with VAT/CST evidence. Where credits cannot be utilised, exporters and others may obtain refunds, rebates or drawback. Exemptions and duty free imports exist for specified defence, project, SEZ, EOU and exporter schemes, and job work imports, creating procedural mechanisms to align customs with other indirect taxes. en-us Tue, 27 May 2014 19:21:27 +0530 Tue, 27 May 2014 19:21:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=5634 Customs imposes basic customs duty, CVD and SAD: basic duty is non cenvatable; CVD and SAD provide input tax relief-CVD is creditable against excise and service tax, SAD equalises VAT/CST incidence and may be refunded to traders with VAT/CST evidence. Where credits cannot be utilised, exporters and others may obtain refunds, rebates or drawback. Exemptions and duty free imports exist for specified defence, project, SEZ, EOU and exporter schemes, and job work imports, creating procedural mechanisms to align customs with other indirect taxes. Articles Customs - Import - Export - SEZ Tue, 27 May 2014 19:21:27 +0530 https://www.taxtmi.com/article/detailed?id=5634