4% SAD refund on DEPB license
This query is : Resolved
03 June 2011
hi,
we planning to purchase DEPB license for import of steel cargo. following discrepancies araise?
1. if we utilise DEPB license, is there any benefit in VAT/CST?
2. while clearing cargo we will be paying 4%Sad to govt., in this case we will able to get the refund?
(we experience that when we prove VAT/CST payment to govt then we are able to get refund)
Regards
manoj
we planning to purchase DEPB license for import of steel cargo. following discrepancies araise?
1. if we utilise DEPB license, is there any benefit in VAT/CST?
2. while clearing cargo we will be paying 4%Sad to govt., in this case we will able to get the refund?
(we experience that when we prove VAT/CST payment to govt then we are able to get refund)
Regards
manoj
RAMESH KUMAR VERMA
(Expert)
03 June 2011
1. SOME STATES IMPOSE CST/ VAT.
2. NO.
2. NO.
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