refund of Custom Duty
This query is : Resolved
CA Ranjeet Singh
(Querist)
18 May 2009
CAN ANY BODY EXPLAIN THE PROCEDURE FOR THE BELOW, WHETHER REGISTRATION WITH CUSTOM/EXCISE DEPARTMENT IS REQUIRED OR NOT
in case of trader, whether some part of duty paid on imported goods can be claimed back, on subsequent sale of goods in india ??????????
in case of trader, whether some part of duty paid on imported goods can be claimed back, on subsequent sale of goods in india ??????????
Ram Avtar Singh
(Expert)
18 May 2009
Traders can pass on besic duty & cess and additional duty to next party who is purchaseing items. if you want refund u can take refund only additionalduty.
Custome duty & Cess on that none refundable.
Custome duty & Cess on that none refundable.
CA.Hanumantha Reddy
(Expert)
19 May 2009
Yes, you can take only additional duty of custome duty and cess thereon. under notification No. 102/2007 dated 14.09.2007
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