Question:

What is deferent between CVD & Excise Duties?

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What is deferent between CVD & Excise Duties?

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  1. CVD(counter veiling duty) IS AN ADDITIONAL DUTY OF CUSTOM,not an excise duty.


  2. CVD stands for CounterVeiling Duty. It is applicable to goods imported in the country, whereas Excise duty is charged on the goods manufactured in the country.

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