we are crediting 4% ADI Duty on imports & Debiting the same on respective input clearance ,where as said case is very rare in our factory.We have near by 8 Lacs in 4% ADI,Whether we can get refund of said accumulated 4% ADI Duty. is there any way or Procedure in Centra Excise?
Pl mail me or answer on manjrekar_prashaant@rediffmail.com
29 April 2009
Your question is not clear. Cenvat credit of SAD is available, which you can use for payment of CE duty or service tax. Fuether, for trading sale on which VAT is paid, there is a provision of refund of SAD.