Sad

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

09 August 2015 DEAR SIR,

WE HAVE BRANCH DEPOT IN DELHI, AND DELHI BRANCH OOFICE HAVE IMPORT SOME PRINCIPAL INPUTS FROM CHINA AND SALE THIS IN DELHI MARKET

NOW CVD AMOUNT THEY CHARGED FROM PARTY BUT SAD AMOUNT IS NOT CHARGED WITH PARTY

NOW IS THEIR ANY PROCEDURE TO GET THIS SAD AMOUNT FROM CUSTOMS REFUND BACK

PLEASE HELP

KAILASH GARG
9845880630

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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10 August 2015 dear sir,

SAD Refund is available only to the importers who sell the imported goods after paying VAT because 4% SAD is charged in lieu of VAT.

the importer, while issuing the invoice for sale of the said goods, shall specifically indicate in the invoice that in respect of the goods covered therein, no credit of the additional duty of customs levied under sub-section (5) of section 3 of the Customs Tariff Act, 1975 shall be admissible.