EOUs/EPZ Units---CVD on DTA sale of plastic granules manuf. out of plastic scrap & waste
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....stic scrap & waste It is directed to invite your attention on the above subject and to state that a doubt has been raised regarding levy of additional duty of customs (CVD) on DTA sale of reprocessed plastic agglomerates/granules (reprocessed out of plastic scrap) by EOU/EPZ units. The doubt has arisen in relation to exemption for plastic materials falling under heading Nos. 39.01 to 39.14 under ....
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.... additional duty of customs (CVD) on imports of reprocessed plastic materials (viz. Plastic granules/agglomerates) is concerned, condition (I) above will not be satisfied because, the reprocessing has not been done in India. Thus, in case of normal imports of reprocessed plastic materials, the importers/domestic manufacturers are liable to pay, among other duties, additional duty of customs (CVD).....


TaxTMI