04 February 2015
Notification granting refund of Special Additional duty : -
Notification No. 102/2007-Cus, dated 14.09.2007 granted the exemption by way of refund of Special Additional duty (SAD) to the importer/ dealer of imported goods. The importer was to pay the duties at the time of import of goods and later claim the refund of 4% SAD from the Department.
The refund was subject to following conditions as prescribed in the said Notification:-
- Declaration regarding non-passing of Cenvat of SAD: - The dealer, while issuing the sale invoice, shall indicate on the invoice that Cenvat credit in respect of SAD is not admissible.
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