08 October 2010
On imports of laptops & other electrical items say I pay CVD & special additional duty and these items are resold by me in local market and just I am a trader. As guided by someone I am eligible to claim my Special Additional Duty but not CVD. 1.Please let me kno0w is it correct 2.For claiming back refund what is the procedure?And how likely it is that I will get refund in practicability?And what is the time in which I will get refund?
Guest
Guest
(Expert)
12 October 2010
Laptops & other electrical items can be sold to the excise/service tax assessee under an excisable invoice, but there is no way to claim refund of CVD. SAD is refunded on submission of documentary evidence about payment of VAT/CST.