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Eligibility of refund of Additional duty 4%, Customs - Exim - SEZ |
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Eligibility of refund of Additional duty 4% |
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ONE OF OUR COMAPNY 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 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:14.09.2007 Posts / Replies Showing Replies 1 to 1 of 1 Records Page: 1
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 only 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.
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