10 August 2013
I am a trader, I had imported a consignment on december 2012 and paid custom there on, further I have sold that consignment after paying VAT onto it. My question is Can I Claim refund of 4 % Additional Duty of customs (CVD of VAT) ?
10 August 2013
IF THE GOODS THAT YOU HAVE IMPORTED IS SOLD AS IT IS & APPLICABLE SALE TAX HAVE BEEN PAID ON SALE, THEN YOU ARE ELIGIBLE TO FILE REFUND OF 4% SAD WITH CUSTOMS AND GET REFUND. REFUND NEED TO BE FILED WITHIN A PERIOD OF ONE YEAR