SAD REFUND 4%
This query is : Resolved
05 May 2011
IN BUGDET 2011-12 CHANGES HAVE BEEN MADE TO THE FIRST SCHEDULE OF ADDITIONAL DUTIES OF EXCISE.
AFTER WHICH THE IMPORT OF FABRIC ATTRACTS SAD4% AT THE TIME OF CLEARING GOODS AT CUSTOMS.
BUT IN KARNATKA WE DONT HAVE VAT ON FABRIC.
SO HOW CAN WE CLAIM THE REFUND OF SAD4% FROM CUSTOMS
AFTER WHICH THE IMPORT OF FABRIC ATTRACTS SAD4% AT THE TIME OF CLEARING GOODS AT CUSTOMS.
BUT IN KARNATKA WE DONT HAVE VAT ON FABRIC.
SO HOW CAN WE CLAIM THE REFUND OF SAD4% FROM CUSTOMS
05 May 2011
yes, u can claim the refund, if u are a trading company
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