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.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Clarification on GST, TDS, and Accounting Provisions for Import/Export
- Clarification on GST, TDS, and Accounting Provisions for Import/Export Commission Agents,profes. ser
- Reward for festival
- 18% Rent a cab
- Capital gain on commercial property and investment in residential property
- Accounting Treatment of Civil work to install PORTA Cabin for office use
- TDS Return Statement Status
- Import of Capital Machine
- ARCA LOGIN
- Appointment of Auditor By Form ADT-1
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
- ITC not to be taken in accounts & GSTR-3B
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
