Sad refund very urgent
This query is : Resolved
THYAGARAJAN
(Querist)
04 February 2015
while issuing invoice by the dealer importer what text to be mentioned in the invoice for claiming refund of sad @4%.
RAMESH KUMAR VERMA
(Expert)
04 February 2015
Notification granting refund of Special Additional duty : -
Notification No. 102/2007-Cus, dated 14.09.2007 granted the exemption by way of refund of Special Additional duty (SAD) to the importer/ dealer of imported goods. The importer was to pay the duties at the time of import of goods and later claim the refund of 4% SAD from the Department.
The refund was subject to following conditions as prescribed in the said Notification:-
- Declaration regarding non-passing of Cenvat of SAD: - The dealer, while issuing the sale invoice, shall indicate on the invoice that Cenvat credit in respect of SAD is not admissible.
Notification No. 102/2007-Cus, dated 14.09.2007 granted the exemption by way of refund of Special Additional duty (SAD) to the importer/ dealer of imported goods. The importer was to pay the duties at the time of import of goods and later claim the refund of 4% SAD from the Department.
The refund was subject to following conditions as prescribed in the said Notification:-
- Declaration regarding non-passing of Cenvat of SAD: - The dealer, while issuing the sale invoice, shall indicate on the invoice that Cenvat credit in respect of SAD is not 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
- Depreciation Chart Companies Act
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Accounting treatment of AMC alongwith the purchase of Laptop
- Unable to File TDS Q2 Return – New TRACES Portal Error
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- EPF ECR NEW RULES Sep 17th 2026
- Taxation of crypto futures in India Fy 2026- 2027
- Issuing of delivery challan by seller of goods
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
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
