Refund of Special Additional Duty Not Limited by ST/VAT Rate; No Restriction on Refund Amount per N/N. 102/2007.

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Full Text of the Document

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....Refund of SAD - N/N. 102/2007 - There is no stipulation in the notification that the exemption is available only if the rate of ST/VAT is equal to or higher than the rate of additional duty of Customs; nor is there a condition that if the rate of ST/VAT happens to be lower than 4%, the refund would be restricted to the lower amount - refund allowed- AT....