IMPORT ADDL DUTY 4% APPLICABLE, Central Excise

[HITENDRA DAVE]

DEAR SIR

WHEN APLICABLE OF AED , SAD AND ELIGIBLE FOR CENVAT CREDIT

 

WITH REGARDS

HITENDRA DAVE

Posts / Replies

[Pradeep Khatri]

Dear Mr. Dave,

Basically, SAD is applicable on the imported goods for importation into India, in lieu of VAT.  If such goods on which SAD is paid are being used in the manufacturing of finished goods then CENVAT credit will be available and if such goods are sold as such then refund from the Customs Departmed can be seeked after  intimating the TIN number and to whom the goods were sold.

Further, on Capital goods 100% CENVAT credit is allowed in the very first year.

Best Regards,

Pradeep Khatri