Refund of Additional custom duty
This query is : Resolved
07 May 2008
Sir,
I have read the circular. I have a querry.
After filling the refund application whether custom is going to refund this duty by cheque or we have to claim modvat.
And if someone has already claim modvat then how this duty will be refunded?
I have read the circular. I have a querry.
After filling the refund application whether custom is going to refund this duty by cheque or we have to claim modvat.
And if someone has already claim modvat then how this duty will be refunded?
10 May 2008
Goods directly imported by the Manufacturer :CENVAT Credit allowed
Goods directly imported by the Trader: Refund claim
Goods directly imported by the Trader and subsequently sold to the Manufacturer:
“Provided that the credit of additional duty of customs levied under sub-section (5) of section 3 of the Customs Tariff Act, 1975 (51 of 1975) shall not be allowed if the invoice or the supplementary invoice, as the case may be, bears an indication to the effect that no credit of the said additional duty shall be admissible; ”
Goods directly imported by the Trader: Refund claim
Goods directly imported by the Trader and subsequently sold to the Manufacturer:
“Provided that the credit of additional duty of customs levied under sub-section (5) of section 3 of the Customs Tariff Act, 1975 (51 of 1975) shall not be allowed if the invoice or the supplementary invoice, as the case may be, bears an indication to the effect that no credit of the said additional duty shall be admissible; ”
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
- CAPITAL GAIN BASE ON NOTIFICATION
- Difference between Date of Payment and Date of Deduction?
- ITDS U/S.194T of Firm
- Unregistered suppliers utility
- EXPORT COMMERCIAL INVOICE HSN CODE
- GST not cancelled by tenant
- Filling ITR - U
- TDS ON EMAIL DOMAIN SERVICE BILL
- URGENT-Eligible leaves being shown as 24 days for 3 years Articleship instead of 156 days in 108
- FORM 141 SDV query
- How to pay remaining amount of TDS after due date?
- 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
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
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
