Special Additional Duty paid on imports

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..... Special Additional Duty paid on imports
Query (Issue) Started By: - Dipneet Kaur Dated:- 12-6-2014 Last Reply Date:- 12-6-2014 Customs - Exim - SEZ
Got 1 Reply
Customs
hii all. special A .....

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..... dditional duty(SAD) is paid by the proprietorship firm on import.he is trader paying vat.he is taking refund of SAD . can other than dis it can be adjusted against vat liability. Reply By Pradeep Kha .....

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..... tri: The Reply: Dear Dipneet, Customs duty is a central levy and the SAD is part of it. The Special Additional Duty (SAD) is levied in lieu of VAT/CST by the Central Government on the goods which ar .....

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..... e imported from the other countries into India. Vide notification No. 102/2007-Customs, the refund was granted of the SAD to the Importers after following the prescribed guideline mentioned in the sa .....

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..... id notification. This is the only mechanism through which VAT/CST is refunded by the Customs Department and there is no other way to adjust it. This is for your information. Regards Team YAGAY & S .....

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..... UN (Management & Indirect Tax Consultants)
Discussion Forum - Knowledge Sharing .....

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