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Full Version: Differentiate btw FED, SED, CED, RD
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Any one here who can differentiate btw Federal Excise Duty, Special Excise Duty, central Excise Duty & Regulatory Duty. Also where they are applicable.

Importers are charged 1% RD on import stage. Can they adjust that in their Sales Tax Return. Or they have to file the return without this 1 % RD
central excise duty is replaced by FED, SED IS special excise duty charged by manufacturers, 1 % RD IS CHARGED AT IMPORT STAGE AND IS NOT ADJUSTABLE TO IMPORTER, WHILE IMPORTER-CUM-MANUFACTURER CAN ADJUST AGAINST SED CHARGED ON SALE


REGARDS

ANFAL
<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by Anfal Shabbir</i>
<br />central excise duty is replaced by FED, SED IS special excise duty charged by manufacturers, 1 % RD IS CHARGED AT IMPORT STAGE AND IS NOT ADJUSTABLE TO IMPORTER, WHILE IMPORTER-CUM-MANUFACTURER CAN ADJUST AGAINST SED CHARGED ON SALE


REGARDS

ANFAL
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">

Dear Anfal thanks for the reply is there any SRO/circular/CGO regarding Non adjustment of RD for Importer
yes there is, must find SED sro, there mentioned it.