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Credit taken sad 4%


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Querist : Anonymous

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Querist : Anonymous (Querist)
12 April 2014 100% EOU DESPATCH MATERIAL TO DTA UNIT AND THEY CHARGE 4% SAD AND 2% CST ALSO. AND WE HAVE TAKEN CREDIT 4% SAD DEPARTMENT SAYS IF 2% CST CHARGED BY 100% EOU CANNOT AVAIL 4% SAD.

pLEASE ADVICE

12 April 2014 sad is or a duty levied on import of goods.better you should not charge and get refund on subsequent sale

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Querist : Anonymous

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Querist : Anonymous (Querist)
12 April 2014 Dear Sir,

Thanks for reply, we clarify the situation.

We puchase from 100% EOU Unit and they Charge 4% SAD and 2%CST also and we take Credit(4% SAD) and department says you cannot take crdit (4%SAD) due to EOU unit charge 2% CST.


15 April 2014 SAD is in lieu of sale tax, therefore EOU shouldnot charge VAT/CST.

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Querist : Anonymous

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Querist : Anonymous (Querist)
15 April 2014 THEY CHARGE BOTH THE TAX. AND WE PAY THE AMOUNT TO 100% EOU UNIT.

CAN WE CREDIT TAKEN 4% SAD OR NOT



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