What is BCD and CVD?

What is BCD and CVD?

The imported goods are levied with a Basic Customs Duty (BCD) on the assessable value. On the value thus arrived (after adding the BCD) an additional duty or Countervailing Duty (CVD), equivalent to the excise duty on like products (to countervail the same) is levied.

Why is PVD done in a vacuum?

Physical vapor deposition (PVD) and other types of thin film deposition require a vacuum chamber to create thin film coatings. A vacuum is created when the coating chamber is pumped down, and all of the air molecules and other gasses are evacuated from the system.

What is vacuum vapor deposition?

Evaporation, or vacuum deposition, is a simple physical vapor deposition (PVD) process in which atoms or molecules are evaporated from the source thermally, travel without collisions with residual gas molecules in the deposition chamber, and condense on the substrate.

What is BCD rate?

BCD on specified raw materials/ inputs used for manufacture of electronic components is 0%. BCD on specified capital goods used for manufacture of electronic goods is 0%. The Goods and Services Tax (GST) rates for most of the goods and services are 5%, 12%, 18% and 28%. Electronic goods are mostly at 18% GST.

What is sad in custom duty?

A special additional duty (SAD) of Customs of 4% has been levied on all imports by the Budget 2006-2007. As no central sales tax or VAT is levied on imports, the levy of SAD is intended to create a level playing field for domestic goods vis- -vis imports.

What is the difference between anti-dumping duty and countervailing duty?

Anti-Dumping Duties are introduced to protect EU industry from the possible damage caused by the dumping of low-priced goods on the EU market. Countervailing Duty applies to goods that have benefited from government subsidies in their country of origin. This results in substantially lower than normal prices.

Why PVD is better than CVD?

PVD, or physical vapor deposition, is a line-of-sight coating process which allows for thin coatings and sharp edges. CVD, on the other hand, stands for chemical vapor deposition and is thicker to protect against heat. PVD is typically applied to finishing tools, whereas CVD proves best for roughing.

What is CVD coating?

Chemical vapour deposition (CVD) is a coating process that uses thermally induced chemical reactions at the surface of a heated substrate, with reagents supplied in gaseous form. These reactions may involve the substrate material itself, but often do not.

What is vacuum coating?

Vacuum coating, also known as thin-film deposition, is a vacuum chamber process whereby a very thin and steady layer of coating is applied to the surface of a substrate, protecting it from forces that might wear it down or decrease its efficiency.

What is PVD finish?

PVD (physical vapor deposition) coating, also known as thin-film coating, is a process in which a solid material is vaporized in a vacuum and deposited onto the surface of a part. These coatings are not simply metal layers though.

What is CVD tax?

Follow. Countervailing duty (CVD) is a specific form of duty that the government imposes in order to protect domestic producers by countering the negative impact of import subsidies. CVD is thus an import tax by the importing country on imported products.

How is CIF value calculated?

In order to find CIF value, the freight and insurance cost are to be added. 20% of FOB value is taken as freight. Means USD 200.00. Insurance is calculated as 1.125% – USD 13.00 (rounded off).