Customs

 

We deal in following refunds / rebates

Customs

  • Refund of excess duty paid at the time of import (forceful duty collected by customs authorities at the time of assessment pursuant to final order from Courts/Tribunal, due to wrong calculation, shortage of landed goods and so on)
  • SAD Refund – As per Notification No. 102/2007-Cus dated 14-09-2007 additional duty of Customs under section 3(5) of customs Tariff Act is refunded, if such imported goods are sold on payment of local VAT
  • Project Import refunds of Security Deposit – Imports made under Project Import regulations are provisionally assessed. After completion of project, all the bills of entries related to project import are finalised, thereafter, bonds are cancelled and security deposit money is released.
  • Export Duty Refund – Few products attracts export duty, thus, when duty is paid in excess as compared to shipped goods, refunds from Customs would arise.
  • Special Valuation refund of Security Deposit – Imports made under Project Import regulations are provisionally assessed. After completion of project, all the bills of entries related to project import are finalised, thereafter, bonds are cancelled and security deposit money is released.
  • Duty Drawback – Indirect taxes in built in the goods exported are refunded as per fixed rate specified by the Government or an exporter may fix its applicable brand rate for gods exported