The assessee paid SAD 4% on imported toys during APR - Oct 2010. i heard the SAD reclaimable facility withdrawn since March 2010. is it so? or the assessee are eligible to claim the refund? plz provide circular
3 Replies
Pankaj Arora
(Learner)
(3134 Points)
Replied 28 January 2011
yes assess is eligible to claim refund..
CA Ankur Mittal
(Assistant Manager @ Reliance Communication)
(759 Points)
Replied 28 January 2011
No its has not been withdrawn..but you can claim refund only on the stock that you have sold out of the imported goods and that too within 1 year.
Madroamer
(-)
(168 Points)
Replied 28 January 2011
can u provide the withdrawn notification. also only eligible to claim on those purchased early. can u provide text reference section on the same?
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