OCTROI EXEMPTION IS POSSIBLE.
A. IT/ITES, STPI, 100% EOU and SEZ octroi paid amounts are refundable and future import 100% Octroi exemption possible.
B. Octroi paid on articles imported/ purchased or brought as stock transfer for purpose of sales distribution, offshore supply, exports and any other purpose - Refund of octroi shall be admissible.
C. Wrong recovery on account of calculation mistake, wrong classification of Schedule-H, government supply - Refund of octroi admissible.
D. The articles imported/purchased/brought as a stock transfer for project, processing repair, exhibition, testing, inspection, job work or any other purpose - Exemption/refund of octroi admissible
Conditions apply on all of the above points
Custom SAD REFUND IS POSSIBLE.
Custom SAD Refund Mumbai is a team of dedicated professionals who are striving to provide quality services in the areas of Special Additional Duty claims. We assist our clients in successfully addressing all the legal and regulatory procedures related to such areas.
Special Additional Duty is countervailing to Vat/sales tax, if the goods supposed to have manufacture in India.
Special Additional Duty (SAD)/additional custom duty leviable under sub-section (5) of Section 3 of the Customs Tariff Act, 1975 which charged at the rate of 4% on the goods imported into India. It is charged on the total value of imports including CIF + Basic Customs duty + CVD.
This 4% Special Additional Duty is refundable to the importer traders i.e. who sold their goods in India without changing identity/modification of goods in pursuance of Notification No. 102/07-Custom Dt. 14.09.2007 subject to fulfilment of various conditions and procedure as laid down in various subsequent circulars, instructions and public notices.