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TMI BlogProcedure for refund of 4% Additional Duty of Customs in pursuance of Notification No.102/2007-Customs dated 14.9.2007X X X X Extracts X X X X X X X X Extracts X X X X ..... Customs dated 13/10/2008 containing on clarification of the Public Notice No. 43/2008 on the above subject. Subsequent to the issue of the above Circular and Public Notice No. of the following procedure has been prescribed. 2. Copy of invoices in electronic form (including the form of CD) : For the purpose of fulfillment of the condition in para 2 (e) (ii) of the Notification No. 102/2007- Customs dated 14.9.2007, the importers can submit copy of invoices in electronic form (including) as prescribed in Information Technology Act, 2000. The electronic media containing the information about sale invoices should, however, be submitted along with a paper declaration by the applicant indicating the invoice numbers contained in the media and sub ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... sidering sanction of refund of 4% CVD. 3.3 The certificate from Statutory Auditor/Chartered Accountant correlating the payment of ST/VAT on the imported goods with the invoices of sale, along with supporting documents of proof of payment of appropriate ST/VAT is given in Annexure-II. 4. Submission of Original ST/VAT or copies of ST/VAT payment document / Challans by the importers : Keeping in view the difficulties faced in submitting original ST/ VAT challans, it has been decided that alternatively, the importers may submit copies of ST/VAT challan or copies of ST/VAT payment document in different forms evidencing payment made to the bank or ST/VAT Department towards ST/VAT along with a certificate from the Chartered Accountant, who eith ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... stockist, refund of 4% CVD would be granted by Customs field formations subject to the condition that the consignment agent/stockist has been authorised to sell the imported goods in terms of the agreement entered into between the importer and consignment agent/stockist and that each of the sale invoices issued by the consignment agent/stockist indicates that the sale is made by him on behalf of the importer in the capacity of consignment agent/stockist. These conditions shall be verified by the Customs officers before sanction of 4% CVD refund claims in these cases. 5.1 In such cases, it is also required that the applicant submits a certificate from a Chartered Accountant appointed by the importer, who either certifies the importers fina ..... X X X X Extracts X X X X X X X X Extracts X X X X
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