Sad claims

This query is : Resolved

Abhijit (Querist)
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06 September 2013 Company is importing items purely for treading, Product does not fall under section 3 (Goods will NOT assessed based on MRP)

my question is:
1. Can we get SAD refund?
If yes,
2. Can we also claim CVD in Excise along with SAD refund?

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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07 September 2013 4% SAD is refundable to the import traders i.e. who sold their goods in India without changing identity of goods in pursuance of Notification No. 102/07-Custom Dt. 14.09.2007 subject to fulfilment of various conditions and procedure as laid down by government in various subsequent circulars, instructions and public notices. This refund is known as SAD Refund in commercial parlance.

mandatory (VAT Payment challans for evidencing payment of appropriate VAT on imported goods.) otherwise No.

clarification:

https://www.caclubindia.com/experts/sad-refund-rule-739870.asp#.Uiq0Pn9Hhkg