Special additional duty


This query is : Resolved 

(Querist)
05 August 2011 Can SAD (Special additional duty ) for imports can be availed as credit completely during the same year both for materials and capital goods or whether the the SAD has to be carried forward 50 % for capital goods as in the case of CENVAT credit.

U S Sharma (Expert)
05 August 2011 SAD is ranked at par with VAT, its refundable when the imported goods are sold after charging vat/cst,

there is no provision for credit of same.


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