Refund of cvd & additional on imports
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
13 December 2012
HELLO EVERY ONE WE ARE A "MANUFACTURER EXPORTER" IF WE IMPORT AN ITEM AND SUPPLY THOSE TO ANY OF GOVT. STATE OR CENTRE, PROJECT CAN WE GET REFUND / ADJUSTMENT OF CVD.12%(WHICH IS EQVI.TO CENTRAL EXCISE) AND OR ADDITIONAL DUTY OF CUSTOMS 4% (WHICH IS EQVI. TO C.SALES TAX)? IF YES.. FROM WHERE AND WHAT WILL BE THE PROCEDURE?
Read more at: https://www.caclubindia.com/experts/modify_message.asp?entry_id=573213
Read more at: https://www.caclubindia.com/experts/modify_message.asp?entry_id=573213
15 December 2012
The refund of Customs duties is governed by Section 27 of Customs Act, 1962,
and the same is reproduced below
SECTION 27. Claim for refund of duty. –
(1) Any person claiming refund of any [duty and interest, if any, paid on such
duty]
(i) paid by him in pursuance of an order of assessment; or
(ii) borne by him,
may make an application for refund of such [duty and interest, if any, paid
on such duty] to the [Assistant Commissioner of Customs or Deputy
Commissioner of Customs] -
(a) in the case of any import made by any individual for his personal use
or by Government or by any educational, research or charitable
institution or hospital, before the expiry of one year;
and the same is reproduced below
SECTION 27. Claim for refund of duty. –
(1) Any person claiming refund of any [duty and interest, if any, paid on such
duty]
(i) paid by him in pursuance of an order of assessment; or
(ii) borne by him,
may make an application for refund of such [duty and interest, if any, paid
on such duty] to the [Assistant Commissioner of Customs or Deputy
Commissioner of Customs] -
(a) in the case of any import made by any individual for his personal use
or by Government or by any educational, research or charitable
institution or hospital, before the expiry of one year;
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 REDEVELOPED FLAT
- Multiple payment of self assessment tax for A Y 2025-2026
- Requirement under FEMA &RBI
- REGARDING ITR FILING QUESTION
- Short Term Gain Reporting ITR
- ITC BENEFIT ON BROKRAGE PAID
- Query regarding reporting of exempt foreign remuneration in ITR
- Taxation on Old jewellery sold
- TDS refund Indemnity Bond
- Gst reverse charge mechanism to be claimed in the month of payment
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
- Query regarding reporting of exempt foreign remuneration in ITR (AY 2026-27)
- FEMA/RBI treatment — Amazon.ca arbitrage (US buy, Canada sell, goods never enter India)
- Goods return by customer
- INWARD REMITTANCE FOREIGN
- CPC and SAC
- Account freezed for Ineligible ITC Scrutiny for GST Annual Return
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
