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Sad refund

VAT (Legacy) 238 views 1 replies

Hi,

My query is about SAD Refund. If my firm sold goods to another state with 2% CST so what will be the refund amount.

1) will i get 4% SAD amount

or else

2) will i get 2% CST amount which i was paid to central government

For Vat, the above consfusion was not happened because the VAT amount / percentage(5%)  is higher than SAD Amount/ percentage (4%). so we will get whole amount of SAD.

Please guide me. 

 

 

Replies (1)
the refund I'll b for the tax u collected or the SAD amount u paid there is nothing to do with percentage, because u I'll b adding ur profits which I'll increase the tax amount


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