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SAD REFUND

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..... I have two queries related to SAD Refund under Notification 102/2007 and prescribed circulars thereon. 1st Query: The applicant needs to file copy of VAT returns along with the SAD refund application as collateral evidence of payment of VAT. My query as per circular the return can be filed on monthly basis, whereas the VAT return required to be filed on quarterly basis. How the applican .....

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..... t can submit the copy of quarterly return of VAT with SAD application if the applicant allowed to file refund claim application on monthly basis. Is the copy of VAT return mandatory to furnish with SAD Refund Application when the application is being submitted under necessary certification by Chartered Accountant. Please let me have the proper clarification and suggest the way out so that applican .....

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..... t can file the SAD Refund Claim application on monthly basis. 2nd Query: Is it necessary that the SAD Refund Application should be certified by the Statutory Auditors of Unit who is finalizing the books of account? If the SAD Refund Application certified by any Recognized Chartered Accountant, If applicant get the Refund Claim certified from any CA (who is not associated with applicant) w .....

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..... ill the refund claim application would be rejected by the jurisdictional Custom Authority? An early clarifications of both the queries would be highly appreciated - Reply By Rajagopalan Ranganathan - The Reply = Sir, Please find appended copy of the Circular No. 18/2010-CUS dated 8.7.2010 which will clear you doubts in this regard. Circular No.18/2010- Cus . F. No. 40 .....

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..... 1/46/2008-Cus.III Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs 159A, North Block, New Delhi -110001 Dated, 8th July, 2010 . - Reply By Mahir S - The Reply = Further to add that , you shall be issued show cause notice before rejection of your refund claim , hence if at all, any such points ( as rais .....

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..... ed in your query 2 ) are raised in the notice , then you can reply accordingly , provided all the conditions of refund claims are satisfied. - SAD REFUND - Query Started By: - Samir Banerjee Dated:- 24-1-2016 Customs - Import - Export - Customs - SEZ - Got 2 Replies - Customs - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementi .....

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..... ndia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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