Dear Experts,
Does Importer-Trader get SAD Refund? Than Procedure?
Scenario, the importer who will import material and selling it to trader after cleared cargo. Is importer can get back or claim SAD? What is procedure & normal duration to get refunds?
If the importer don't have VAT than? Trader who purchased from importer have VAT/CST.
Appreciate quick revert as its urgent.
Thanks
Pratik
Yes .. you can get SAD refund .. For that you should get all the bill of entries audited by a Chartered Accountant and with his sign in the prescribed form (different for different States) you should submit it to the authorities
I am doing this for a company now. Its very well possible
Dear Dyuthi,
Thanks for your revert,
I would happy if you share link or form/format-Gujarat state for ready reference.
It doesn't matter Importer hold VAT or not right!!!
The importer don't need to specify or mentioned anything while raise/sell to VAT/CST trader, right!!!
Thanks in advance,
See I am doing for TN state currently
yes.. Trader cannot get... But here the case is about importer and he can get if he certifies it in annexure III with a Chartered Accountant
Pratik,
You should get the expert advice from a CA coz the procedure involves an audit and finalising . This is not childs play
CAclubindia
