Refund of VAT
This query is : Resolved
Mohd Sarfaraz Latibani
(Querist)
03 December 2008
I have paid customs on Import of goods I want to know can I get the VAT refund or can I adjust the VAT in excise paid.What is the procedure.
Thanks
Sarfaraz.
Thanks
Sarfaraz.
G Muralidharan
(Expert)
06 December 2008
Question relates to VAT. Once the customs duty paid and goods are cleared and if the goods are sold, it will be a first sale in India. It would be liable to be taxed under VAT. No set off of customs duty/cenvat against VAT payable
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