dear Sir,
Pls let me know if i am importing material and i am selling the material in three to four months and filling my vat returns regularly can i claim my refund on addl custom duty after my complete sale of imported material related to that particular bill of entry or should i claim on monthly basis as per the monthly sales.
Thnx and Regds
Ashish Jain
yes aashish it is possible .
ramesh
The imposition of SAD is to counter the local VAT and provide the local sellers a level playing field.
If traders sell the goods sufferring SAD they can avail the refund on proof of sale under VAT being provided.
| Originally posted by : Ashish Jain | ||
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dear Sir, Pls let me know if i am importing material and i am selling the material in three to four months and filling my vat returns regularly can i claim my refund on addl custom duty after my complete sale of imported material related to that particular bill of entry or should i claim on monthly basis as per the monthly sales. Thnx and RegdsS Ashish Jain |
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| Originally posted by : Ashish Jain | ||
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YOU HAVE TO CLAIM ON THE BASIS OF MONTHLY IMPORT BILL OF ENTRY ALSO IN SPECIAL CASE YOU CAN CLAIM ON BILL OF ENTRY BASIS, AS IMPORT AGAINST ONE B/E SOLD OUT AND VAT HAS BEEN DEPOSITED YOU CAN CLAIM FOR IT ASHISH BANSAL |
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For claiming Refund of SAD, contact 9810092750, 9818812416
Chirag N Shah & Associates
Mumbai
CA Inter
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