We are a trading company. If we import capital goods into Mumbai at our stock centre, we will have to pay Octroi. Can we claim octroi refund if the stocks move out of Mumbai again (For example to supply customer in Pune?)
If yes, will there by any deductions? What is the procedure?
Thanks!
Refund of octroi shall be admissible when Octroi is paid on articles imported/ purchased or brought as stock transfer for purpose of sales distribution, offshore supply, exports and any other purpose.
You have to claim for refund in Form -CC if you are exporting goods to Pune by road.
Please visit the following site to get more clarification.
CAclubindia
