Dear All,
We are a Trader, Importing the goods and selling into India mostly as it is without carrying any activity and some times in retail by repacking in small packs under our own product name to meet the requiremnt of small customers.
We are not registered under the Excise Act as our turnover is far away from the stipulated limit of registration.
We sale the goods by charging our sale price and CST/VAT on the Sale price on the Sale Invoice to our customers who are the Industries and dealers (who further sale to the Industries).
Our goods are for Industrial use only but it is not used as a raw material to produce the other product. It is used to streamline the manufacturing plant.
Kindly guide us:
1) if we are eligible for 4% SAD refund
2) What kind of additional information should be mentioned on the selling documents like Invoice or if any additional document to be issued.
3) What is the procedure to apply for the refund and what kind of documents required to be submitted.
Thanks & Best Regards
Ganesh
CAclubindia
