Additional duty of customs (cvd of vat)
This query is : Resolved
Mayank Maheshwari
(Querist)
10 August 2013
I am a trader, I had imported a consignment on december 2012 and paid custom there on, further I have sold that consignment after paying VAT onto it. My question is Can I Claim refund of 4 % Additional Duty of customs (CVD of VAT) ?
Rama Krishnan
(Expert)
10 August 2013
IF THE GOODS THAT YOU HAVE IMPORTED IS SOLD AS IT IS & APPLICABLE SALE TAX HAVE BEEN PAID ON SALE, THEN YOU ARE ELIGIBLE TO FILE REFUND OF 4% SAD WITH CUSTOMS AND GET REFUND. REFUND NEED TO BE FILED WITHIN A PERIOD OF ONE YEAR
IF THE GOODS THAT YOU HAVE IMPORTED IS SOLD AS IT IS & APPLICABLE SALE TAX HAVE BEEN PAID ON SALE, THEN YOU ARE ELIGIBLE TO FILE REFUND OF 4% SAD WITH CUSTOMS AND GET REFUND. REFUND NEED TO BE FILED WITHIN A PERIOD OF ONE YEAR
Mayank Maheshwari
(Querist)
10 August 2013
Thanks Mr. Rama Krishnan
Can you please suggest me the procedure to claim refund. I will be so thankful to you.
Can you please suggest me the procedure to claim refund. I will be so thankful to you.
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