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Eligibility of refund of Additional duty 4%

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..... Eligibility of refund of Additional duty 4%
Query (Issue) Started By: - JAYUL DANECHA Dated:- 20-1-2010 Last Reply Date:- 22-1-2010 Customs - Exim - SEZ
Got 1 Reply
Customs
ONE OF OUR COM .....

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..... APNY MFG. BOBBINS FROM THE YARN PROCURED FROM OUTSIDE AND NO C.EXCISE REGISTRATION OBTAINED. THE COMPANY IMPORT YARN AND PAYING ADDITION DUTY OF CUSTOMS 4% IN ALL CONSIGNMENT. THE YARN SELLING IN THE .....

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..... MARKET AFTER MFG. BOBBIN. THE APPLICABLE VAT ALSO PAYING TIMELY & REGULARLY. THE COMPANY ELIGIBLE TO GET REFUND OF 4% ADDITIONAL DUTY FROM CUSTOM AS PER NOTIFICATION NO.102/2007-CUSTOMS, DATED:14.09.2 .....

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..... 007 Reply By Rama Krishana: The Reply: There is no harm if you try to get the refund on technical ground. But, as per the bare understanding of the notification no. 10/2007 Cus, refund is granted onl .....

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..... y to a dealer for sale of goods as such (goods imported for subsequent sale). Refund is not granted in case where the goods are used in the manufacturing of further goods.
Discussion Forum - Knowl .....

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..... edge Sharing .....

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