100%EOU

[Former Member]

Dear All,

My client is 100% EOU plant is situated in India. We have DTA (Domestic sales) and Export scenarios. Apart from Excise duty (14%,2% and 1%) we need to capture i.e. 5% Costumes duty, 2% Education cess and 1% Hig.Edu.cess.

These three additional for EOU.

How I have to treat these conditions types?

is it Excise duty?

If it is excise duty how I have to maintain in DTA and Export sales Pricing procedure?

Thanks with Regards,

Srikanthraj

[Former Member]

Hi,

Please go through this thread wherein I have posted answer.

Hope this helps you.

Regards,

Rakesh

[Former Member]

Dear All,

Any body can help me out.

Regards,

Srikanthraj

[Former Member]

Hi Sreekanth,

As the information shared is copied from thread list itself, so please go through other thread too, where in u may get more inputs regarding your query.

NEED NOT BE AWARDED.

You can do domestic sales from 100% EOU which we can call it as DTA (Domestic Tariff Area) sales. In this scenario, different duty component will have to be levied if you are selling indigineous and imported. For both, duty structure will vary

DTA (DOMESTIC TARRIF AREA)

Please find the link relevant to DTA:

http://www.business-standard.com/common/news_article.php?leftnm=sme&autono=318129

I feel the qnswer to this query will also help you.

"What are the facilities for Domestic suppliers to Special Economic Zone

Supplies from Domestic Tariff Area (DTA) to SEZ to be treated as physical export. DTA supplier would be entitled to :

Drawback/DEPB

CST Exemption

Exemption from State Levies

Discharge of EP if any on the suppliers

Income Tax benefit as applicable to physical export under section 80 HHC of the Income Tax Act"

Rgds,

vijayashree

[Former Member]

Hi Vijayashree,

Thank you for your reply.

I have gone through the shared documents before posting this query. What I am expecting is in my pricing procedure how I have to maintain these condition types? How it will impact to CINVAT utilization?

Let me know if you have any idea about this.

Thanks in advance.

Regards,

Srikanthraj