Ashish Jain (partner) (24 Points)
21 December 2009dear Sir,
Pls let me know if i am importing material and i am selling the material in three to four months and filling my vat returns regularly can i claim my refund on addl custom duty after my complete sale of imported material related to that particular bill of entry or should i claim on monthly basis as per the monthly sales.
Thnx and Regds
Ashish Jain
RAMESH KUMAR VERMA
( CS PURSUING )
(43853 Points)
Replied 23 December 2009
yes aashish it is possible .
ramesh
Madhukar N Hiregange
(Chartered Accountant)
(39034 Points)
Replied 24 December 2009
The imposition of SAD is to counter the local VAT and provide the local sellers a level playing field.
If traders sell the goods sufferring SAD they can avail the refund on proof of sale under VAT being provided.
Ashish Bansal
(CHARTERED ACCOUNTANT)
(34 Points)
Replied 24 December 2009
| Originally posted by : Ashish Jain | ||
 |
dear Sir, Pls let me know if i am importing material and i am selling the material in three to four months and filling my vat returns regularly can i claim my refund on addl custom duty after my complete sale of imported material related to that particular bill of entry or should i claim on monthly basis as per the monthly sales. Thnx and RegdsS Ashish Jain |
 |
Ashish Bansal
(CHARTERED ACCOUNTANT)
(34 Points)
Replied 24 December 2009
| Originally posted by : Ashish Jain | ||
|
YOU HAVE TO CLAIM ON THE BASIS OF MONTHLY IMPORT BILL OF ENTRY ALSO IN SPECIAL CASE YOU CAN CLAIM ON BILL OF ENTRY BASIS, AS IMPORT AGAINST ONE B/E SOLD OUT AND VAT HAS BEEN DEPOSITED YOU CAN CLAIM FOR IT ASHISH BANSAL |
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DKJ
(Manager)
(29 Points)
Replied 25 March 2010
For claiming Refund of SAD, contact 9810092750, 9818812416
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