Sad refund

A very enjoyable, enriching and fulfilling 2016 to all readers.

The refund of SAD paid at the the time of import is available as credit for the manufacturer. No refund possible if used in manufacture or in provision of services. Only a trader who pays the CST/ Local VAT wouldbe eligible for refund.

Whether the final products after manufacture is exempt or dutiable/ taxable makes no difference.

The logic is : SAD is supposed tobe in lieu of CST/ VAT- in order to ensure local products are not discriminated on. The rate of 4% was fixed when CST was 4%.