Custom Duty Refund
This query is : Resolved
10 December 2010
Dear Sir,
We are engaging in the business of minerals called "Bentonite". we are exporting the bentonite to Europe in valve bags. Our bentonite attracts sales tax in India, and not excise duty. we are importing valve bags from Europe for exporting the bentonite, for that we are paying Custom Duty.
Can we get the custom duty refund,since we have not taken any CVD Credit. Is there any procedure for the above.
Kindly Clarify the above
Regards,
Shyamal Thaker
We are engaging in the business of minerals called "Bentonite". we are exporting the bentonite to Europe in valve bags. Our bentonite attracts sales tax in India, and not excise duty. we are importing valve bags from Europe for exporting the bentonite, for that we are paying Custom Duty.
Can we get the custom duty refund,since we have not taken any CVD Credit. Is there any procedure for the above.
Kindly Clarify the above
Regards,
Shyamal Thaker
23 December 2010
IF YOUR FIRM COMPANY ARE PAID THE SAD4%), YOU CAN GRANT OF 4%SAD APPLICATION AS PER NOTIFICATION NO.102/2007 DTD. 14.09.2007
GO TO PATH:-
http://www.cbec.gov.in/customs/cs-act/notifications/notfns-2k7/cs102-2k7.htm
GO TO PATH:-
http://www.cbec.gov.in/customs/cs-act/notifications/notfns-2k7/cs102-2k7.htm
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
- GSTR-1A How to update Invoice
- Excess salary payment.
- Stamp Paper for partnership firm change new income tax 2025
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- Capital gain from sale of house property
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- TDS on Purchase of Immovable Property by NRI from NRI
- FORM 26A APPLICABILITY
- Regarding TDS Applicability For Director Remuneration
- Annual return in Gst
- GST Treatment of Insurance Commission for Existing GST Holder
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
