Refund against notification no. 102/2007-customs

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Querist : Anonymous

Querist : Anonymous (Querist)

13 January 2012 Dear All,

Wishes you a very Happy Lohri to all,

We are trader, import material to sell in Indian market.

We have import the goods and adjust our licence DEPB scheme or other FPS etc. Can we are eligible for refund of additional duty (4%).

We have sell the product after service tax/VAT/CST etc. in Indian Market.

Thanks

Sunny

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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13 January 2012 in the para of Notification No. 102/2007-Customs New Delhi, the 14th September, 2007:

the importer, while issuing the invoice for sale of the said goods, shall specifically indicate in the invoice that in respect of the goods covered therein, no credit of the additional duty of customs levied under sub-section (5) of section 3 of the Customs Tariff Act, 1975 shall be admissible;

(c) the importer shall file a claim for refund of the said additional duty of customs paid on the imported goods with the jurisdictional customs officer;

(d) the importer shall pay on sale of the said goods, appropriate sales tax or value added tax, as the case may be;

(e) the importer shall, inter alia, provide copies of the following documents alongwith the refund claim:

(i) document evidencing payment of the said additional duty;

(ii) invoices of sale of the imported goods in respect of which refund of the said additional duty is claimed;

(iii) documents evidencing payment of appropriate sales tax or value added tax, as the case may be, by the importer, on sale of such imported goods.

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