Suppose A import products for his own manufacturing unit & prepare finished product & sell it locally. Will he get refund of CVD & SAD ??
Suppose B import products for his own manufacturing unit & prepare finished product & sell it globally (Export) . Will he get refund of Import duty without availing AA / DFIA / EOU ??
Please elaborate your views in details along with present & GST scenario where there would be BCD & IGST
Thank You
Discussion Highlights Import Duty Refunds for Manufacturers, CVD and SAD Credits, and GST Law Uncertainty A discussion on a forum addresses queries about import duty refunds for manufacturers. One user asks if manufacturers who sell domestically can get refunds on CVD and SAD, and if those exporting globally can get import duty refunds without using certain schemes. A respondent explains that CVD and SAD can be credited against excise duty for domestic sales, and export-related import duties are refundable. Another participant emphasizes the uncertainty until the final GST law is enacted and suggests simulations for GST transactions. The conversation highlights the need for clarity under the evolving GST framework. (AI Summary)
TaxTMI 
TaxTMI 
TaxTMI 
