4% sad refund is compulsory

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..... Dear Expert, one of my client is traders, he is importing the goods and doing the trading activity. during the time of import he has paying 4% sad, and claim the refund. now my question is it is compulsory to file sad refund claim or pass the 4% sad to his buyer? if he is sales purchaser can availed the 4% cenvat credit.? because getting the refund of 4% procedure is very .....

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..... time consuming.please sending me any clarification in this regards with your expert view. - Reply By Naveed S - The Reply = There are only 2 options available for a trader. Either to pass the 4% to the buyer or to claim refund. There are no any third option available. However, if proper documents as provided under para 2 of the Notification No. 102/2007-Customs dated 14 th September, 2007 .....

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..... are submitted to the satisfaction of the department, then refund shall be sanctioned. There has been cases of misuse by the traders, hence same has to be properly verified before sanction of refund. - Reply By Madhukar N Hiregange - The Reply = You have the option to go for refund or not. If you can pass on the credit as you supply to manufacturers then both CVD + SAD can be passed on and .....

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..... customer would be advantaged. If supplying to traders- SAD would become a cost, therefore for such sales ONLY refund can be applied. Both options are available. - 4% sad refund is compulsory - Query Started By: - JYOTI DEORA Dated:- 6-10-2014 Central Excise - Got 2 Replies - Central Excise - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India .....

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

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