Refund
This query is : Resolved
26 September 2011
refund is not available when the incidence of duty/interest is passed on.
Kindly explain incidence passed on.
thank you
Kindly explain incidence passed on.
thank you
26 September 2011
In case of removal of goods, the charging of ED means that the incidence is apssed on. Once the amountis recived itmeans that one has already got reimbursed for the IDT. Getting a refund would means double benefit.
Message likes :
1 times
27 September 2011
Thank You Sir,
Would that mean that if i remove goods without charging excise, pay E.D from my own pocket- i'll not be subject to unjust enrichment??
Kindly also explain if it is affected by provisions of explanation to section 4(1) relating to price-cum-duty.
thank you..
Would that mean that if i remove goods without charging excise, pay E.D from my own pocket- i'll not be subject to unjust enrichment??
Kindly also explain if it is affected by provisions of explanation to section 4(1) relating to price-cum-duty.
thank you..
27 September 2011
You cannot remove goods without paying excise duty.
27 September 2011
No i meant if one pays excise out of his own pocket..
actually what i wish to know is,how is unjust enrichment avoided. If one wishes to pay the duty to avoid interest and claim refund?
Thanks
actually what i wish to know is,how is unjust enrichment avoided. If one wishes to pay the duty to avoid interest and claim refund?
Thanks
27 September 2011
Why do you first want to pay the duty and then claim refund.
Refund is a very long procedure. You will unnecessary block your money with no certainity of getting the refund.
Refund is a very long procedure. You will unnecessary block your money with no certainity of getting the refund.
28 September 2011
to get refund the formalities of ARE-1 should be followed, and without such formalities, its deemed that the manufacturer has reimbursed the duty from the buyer. hence the refund is inadmissible
Message likes :
1 times
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
- Reopen of assessment proceeding
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- TDS on Consultancy- Non DTAA
- Depreciation of fixed assets- coop housing society in mumbai
- Eway bill generation from place other than registeted
- GST rate and HSN code for sale of racing horses
- EPF FULL & FINAL RULES IN 2026
- Query – TDS on purchase of land from NRI under Income-tax Act, 2025
- Rental income gst and it purpose
- Management System (IMS)
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
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
