Differentiate btw FED, SED, CED, RD

[bashi]

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

[Anfal Shabbir]

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

[bashi]

<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

[Sarfaraz Khan]

yes there is, must find SED sro, there mentioned it.