Refund of special additional duty of custom
This query is : Resolved
Nitin N Pashte
(Querist)
06 August 2013
Sir,
I eager to know as under:
1) What are benefits of refund of SAD?
2) Under which circumstances we can claim for SAD refund?
I eager to know as under:
1) What are benefits of refund of SAD?
2) Under which circumstances we can claim for SAD refund?
Rama Krishnan
(Expert)
10 August 2013
DEAR NITIN,
SAD IS LEVIED IN LIEU OF SALES TAX, SO THAT GOVT SAYS IF YOU IMPORT SOME GOODS AND PAY SAD 4%, THEREAFTER ON SALE OF SUCH GOODS YOU AGAINS PAY SALES THEN, THE SAD REFUND CAN BE OBTAINED.
DEAR NITIN,
SAD IS LEVIED IN LIEU OF SALES TAX, SO THAT GOVT SAYS IF YOU IMPORT SOME GOODS AND PAY SAD 4%, THEREAFTER ON SALE OF SUCH GOODS YOU AGAINS PAY SALES THEN, THE SAD REFUND CAN BE OBTAINED.
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