refund of duty

With increasing globalisation , formation of regional trade block,changing duty,classification and pricing of goods has increased complexity of Indirect taxation.Many times excess duty are paid by the importing and exporting communities

Wednesday, July 27, 2011

Revised and simplified procedures for refund of service tax for exporters

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Circular No.  120/01/2010-ST F.No.354/268/2009-TRU Government of India Ministry of Finance Department of Revenue (Tax Research Unit) *****...
Tuesday, July 26, 2011

we need to know the complete process follow chart to avail the 4% additional duty refund from Custom or excise department. :: Answer it on Economictimes QnA

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we need to know the complete process follow chart to avail the 4% additional duty refund from Custom or excise department. :: Answer it on E...

Special valuation for related party by SVB

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Circular No. 11. /2001-CUS 23 rd  February 2001 F.NO.467/32/2000-Custom.V Government of India Ministry of Finance Department of Revenue Cen...
Tuesday, March 08, 2011

After current Budget , Refund claim can be filed after one year

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Earlier limit for filing refund claim under section 27 of Customs Act is increased from Six months  to one year.

Customs should issue assessing order indicating the excess duty refundable

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There is  a Public Notice  issued  by Chennai Customs House  for provisional  assessment and refund of duty ,if any. Reproduced below. ...
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ravindra kumar
I did my graduation from IIT Delhi and Post Graduate Diploma in Supply Chain and Logistics from LIBA Chennai.Worked five years in the BHEL then fifteen years in Revenue Department .Currently practicing as Indirect Tax Consultant in Service Tax, Excise and Customs.
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