https://www.taxtmi.com/highlights?id=75344 Imports crude edible oil - crude palm oil - Whether Social Welfare Surcharge (SWS) is leviable when the Basic Customs Duty (BCD) is exempted. - The tribunal held that since the BCD is exempted, and as SWS is calculated at the rate of 10% on the aggregate of duties, taxes, and cesses levied and collected, which in this case is nil, SWS is also nil. The tribunal found no provision for calculation of SWS on notional BCD when actual BCD is exempted. en-us Sat, 02 Mar 2024 07:23:18 +0530 Sat, 02 Mar 2024 07:23:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=75344 Imports crude edible oil - crude palm oil - Whether Social Welfare Surcharge (SWS) is leviable when the Basic Customs Duty (BCD) is exempted. - The tribunal held that since the BCD is exempted, and as SWS is calculated at the rate of 10% on the aggregate of duties, taxes, and cesses levied and collected, which in this case is nil, SWS is also nil. The tribunal found no provision for calculation of SWS on notional BCD when actual BCD is exempted. Highlights Customs Sat, 02 Mar 2024 07:23:18 +0530 https://www.taxtmi.com/highlights?id=75344