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Contact SupplierWe are offering customs consultancy services based in maharashtra, our company is engaged in offering refund of special additional duty services. We have on board a team of dedicated and experience professionals, who have years of experience in this domain. Our team takes care of all the aspects related to refund of special additional duty. Owing to the unmatched excellence and reliability of our services, we have become the preferred choice among clients. One can obtain the services at market-leading rates from us.
the customs notification 1022007 dated 14.9.07 providing for exemption of 4% special additional customs duty leviable in terms of section 3(5) of customs tariff act 1975 in respect of goods imported for sales as such, by the importers to others was purportedly issued to provide a level playing field to traders vis-à-vis manufacturers who do not pay local sales tax vat while importing goods directly for their own use and to remove the burden of double tax on such type of importers.
Conditions of the refund :
the importer of the said goods shall pay all duties, including the said additional duty of customs leviable thereon, as applicable, at the time of importation of the goods.
The importer, while issuing the invoice for sale of the said goods, shall specifically indicate in the invoice that in respect of the goods covered therein, no credit of the additional duty of customs levied under sub-section (5) of section 3 of the customs tariff act, 1975 shall be admissible; (credit and refund is not available simultaneously).
The importer shall file a claim for refund of the said additional duty of customs paid on the imported goods with the jurisdictional customs officer.
The importer shall pay on sale of the said goods, appropriate sales tax or value added tax, as the case may be; both intra-sale or inter-state sale is considered as subsequent sale and therefore payment of vatcst is eligible.
Time-limit for filing of refund claim: up to a period of 1 year from the date of payment .