TaxTMI Login
Just a moment...
AI-powered research trained on the authentic TaxTMI database.
Launch AI Search →Powered by Weblekha - Building Scalable Websites
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
Press 'Enter' after typing page number.
of Press 'Enter' after typing page number.
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of Press 'Enter' after typing page number.
of Press 'Enter' after typing page number.
All Circulars
of Press 'Enter' after typing page number.
of Press 'Enter' after typing page number.
All Circulars
Note
Bookmark
Share
Don't have an account? Register Here
of Press 'Enter' after typing page number.
<h1>Additional countervailing duty refund allowed if sales tax or VAT is paid; invoices must state that no credit is admissible.</h1> Importers must first pay all customs duties including the additional countervailing duty and may thereafter claim refund of that additional duty if the imported goods are sold and appropriate Sales tax or VAT (or Central Sales Tax for inter State sales) is paid on the sale. Refund claims require the bill of entry and proof of sales tax or VAT payment. Invoices for goods subject to refund must bear an endorsement that no credit of the additional duty shall be admissible; Cenvat Credit Rules and Central Excise Rules have been amended to bar credit and require dealer endorsements, with penalties for wrongful availment.
TaxTMI 
TaxTMI 
