EOU clearance of scrap in DTA
Query (Issue) Started By: – Ramaswamy S Dated:- 11-8-2017 Last Reply Date:- 12-6-2018 Goods and Services Tax – GST
Got 4 Replies
GST
As per DGFT TN dated 30.06.2017 read with Customs Notification 59\/2017, the EOU needs to pay back the customs duty foregone on DTA clearances. The exemption allowed under 52\/2003 is withdrawn in Notification 59\/2017.
\nWhether the EOU needs to pay the customs duty on Transaction Value of clearance of scrap or they need to repay the duty foregone proportionately.
\nSecondly, when the customs duty at the full rate is payable on the DTA clearances, whats the need for fixing the Norms. The Norms has lost its sanctity.
\nRequest the experts views
\nRegards
\nS.Ramaswamy
\nReply <\/p>\n
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Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n to waste, scrap if it is within SION or as per norms approved by norms committee. Otherwise BCD on inputs is required to be paid. = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n","protected":false},"excerpt":{"rendered":" EOU clearance of scrap in DTA Query (Issue) Started By: – Ramaswamy S Dated:- 11-8-2017 Last Reply Date:- 12-6-2018 Goods and Services Tax – GSTGot 4 RepliesGSTAs per DGFT TN dated 30.06.2017 read with Customs Notification 59\/2017, the EOU needs to pay back the customs duty foregone on DTA clearances. The exemption allowed under 52\/2003 … Continue reading “EOU clearance of scrap in DTA”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-7106","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/7106","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7106"}],"version-history":[{"count":0,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/7106\/revisions"}],"wp:attachment":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7106"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7106"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7106"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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\nReply By Abhijeet Bandal:
\nThe Reply:
\nQuery :
\nAs per amended exemption notification, there is no need to pay back the BCD on inputs used in process related to waste, scrap if it is within SION or as per norms approved by norms committee. Otherwise BCD on inputs is required to be paid.
\nReply:
\nAs per para 6.08 (a) (v) of FTP 2015-20 there is no such provision to prevent BCD reversal on scrap or waste sale in DTA, if it is within SION or as per norms approved by norms committee. The relevant para of FTP is attached for your ready reference;
\n6.08 DTA Sale of Finished Products \/ Rejects \/ Waste\/ Scrap \/ Remnants <\/p>\n
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