What is a national calamity contingent duty?



0
Please explain national calamity contingent duty ( NCCD)

11 Answer(s)


0

some useful links that will answer you above question :

http://www.ndmindia.nic.in/management/nccfscheme.html


0

A National Calamity Contingent Duty (NCCD) of customs has been imposed vide section 129 of Finance Act, 2001. This duty is imposed on pan masala,chewing tobacco and cigarettes. It varies from 10% to 45%. - - NCCD of customs of 1% was imposed on PFY, motor cars, multi utility vehicles and two wheelers and NCCD of Rs 50 per ton was imposed on domestic crude oil, vide section 134 of Finance Act, 2003. 20.3.5 Rate of duty applicable There are different rates of duty for different goods there are different rates of duty for goods imported from certain countries in terms of bilateral or other agreement with such countries which are called preferential rate of duties the duty may be percentage of the value of the goods or at specified rate.

0

pls b updated u provide wrong information..ur incorrect information may spoil the career of student
huh......................

0

@shilpasharma140

Madhur Here !
Are U referring to my answer ?
If yes .
Kindly you post the right answer on this forum .

0

Normally known as NCCD.this duty is levied as per section 136 of the finance act,2001as a surcharge on specified goods like pan masala,branded chewing tobaco,cigarettes,domestic crude oil and mobile phone.

0

what is the mean of CENVAT ?

0

Just saw this by chance. Please note the correction:
NCCD is a duty of Excise (not customs) imposed under Sec 136 of Fiance Act, 2001 (It was clause 129 of the Finance Bill. On enactment, it became sec 136 of the Act). The duty was levied on the goods listed in the 'Seventh Schedule' of the said Finance Act.

NCCD of Customs was imposed under Sec 134 of the Finance Act 2003. Again this was imposed on the same seventh schedule goods (of the Finance Act 2001) but 'as amended by the 13th schedule of the Finance Act 2003.

0

NCCD is a type of tax

0


Ritesh mundra port
Just saw this by chance. Please note the correction:
NCCD is a duty of Excise (not customs) imposed under Sec 136 of Fiance Act, 2001 (It was clause 129 of the Finance Bill. On enactment, it became sec 136 of the Act). The duty was levied on the goods listed in the 'Seventh Schedule' of the said Finance Act.

NCCD of Customs was imposed under Sec 134 of the Finance Act 2003. Again this was imposed on the same seventh schedule goods (of the Finance Act 2001) but 'as amended by the 13th schedule of the Finance Act 2003.

0



What is a national calamity contingent duty?


0
Abhiram
Excise For Manufacturer
Please explain national calamity contingent duty ( NCCD)

Jun 15 2014 11:27 PM
8 Answer(s)


0
Muhammad
some useful links that will answer you above question :

http://www.ndmindia.nic.in/management/nccfscheme.html




Jun 16 2014 01:20 PM

0
Madhur
A National Calamity Contingent Duty (NCCD) of customs has been imposed vide section 129 of Finance Act, 2001. This duty is imposed on pan masala,chewing tobacco and cigarettes. It varies from 10% to 45%. - - NCCD of customs of 1% was imposed on PFY, motor cars, multi utility vehicles and two wheelers and NCCD of Rs 50 per ton was imposed on domestic crude oil, vide section 134 of Finance Act, 2003. 20.3.5 Rate of duty applicable There are different rates of duty for different goods there are different rates of duty for goods imported from certain countries in terms of bilateral or other agreement with such countries which are called preferential rate of duties the duty may be percentage of the value of the goods or at specified rate.NCCD of ....Rs 50 per ton was imposed on domestic crude oil,refunds under section 26 car.1962

0

CENVAT Is central Value Added Tax

Your Answer

Click on this code-snippet-icon icon to add code snippet.

Upload Files (Maximum image file size - 1.5 MB, other file size - 10 MB, total size - not more than 50 MB)

Email
Password