Querry on notfication for refund
This query is : Resolved
Jasjit Shah
(Querist)
22 November 2008
Background:
We are going to start import from Germany, and have the same goods be sold in retails market after paying the VAT/CST. Now, as per earlier notification no. 102/2007 dt 14.09.2007 - notification for refund, it was told that we could take the refund of 4% spl CVD, but every time it was cancelled by the authorities stating: unjust enrichments.
Now, against the notification for 4% spl cvd refund - 102/2007 csu, dt 14.09.2007; a new circular no. 16/2008 dt 13.10.2008 which explains - on how the refund can be effected. Will this work?
My querrry: Are there any possiblitites that now we could avail the 4% spl cvd refund facility.
We are going to start import from Germany, and have the same goods be sold in retails market after paying the VAT/CST. Now, as per earlier notification no. 102/2007 dt 14.09.2007 - notification for refund, it was told that we could take the refund of 4% spl CVD, but every time it was cancelled by the authorities stating: unjust enrichments.
Now, against the notification for 4% spl cvd refund - 102/2007 csu, dt 14.09.2007; a new circular no. 16/2008 dt 13.10.2008 which explains - on how the refund can be effected. Will this work?
My querrry: Are there any possiblitites that now we could avail the 4% spl cvd refund facility.
Arbind Aggarwal
(Expert)
22 November 2008
Yes definitely this SAD is refundable but u have to fulfill all the conditions like certificate from the statutory auditors specifying that there is no unjust enrichment.
For any help contact me at 9891718177
For any help contact me at 9891718177
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