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adnan2adee@yahoo.com

12-12-2009, 12:59 PM
As we import security equipment, one of our govt customer ask us to use 1% SED (special excise duty) classification in Sales Tax invoice while sales tax has already been zero rated.
we have already paid Sales tax & FED on import so what SED is all about, pls share your knowledge?

Riftaj

12-14-2009, 08:00 PM
dear your question is very complexx, it's not understandable ok
again aske in easy language,


2nd thinks FED and SED same things.

Rifi


<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by adnan2adee@yahoo.com</i>
<br />As we import security equipment, one of our govt customer ask us to use 1% SED (special excise duty) classification in Sales Tax invoice while sales tax has already been zero rated.
we have already paid Sales tax & FED on import so what SED is all about, pls share your knowledge?
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">

saqibsat

12-15-2009, 08:17 PM
<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by Riftaj</i>
<br />dear your question is very complexx, it's not understandable ok
again aske in easy language,


2nd thinks FED and SED same things.

Rifi


<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by adnan2adee@yahoo.com</i>
<br />As we import security equipment, one of our govt customer ask us to use 1% SED (special excise duty) classification in Sales Tax invoice while sales tax has already been zero rated.
we have already paid Sales tax & FED on import so what SED is all about, pls share your knowledge?
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">

saqibsat

12-15-2009, 08:20 PM
Dear! u would b paying a duty @ 1% which may appear as FED or SED in ur Bill of Entry. There is'nt any difference among both. and the same is adjustable against the FED/ SFED charged on Sales/ Exports
<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by saqibsat</i>
<br /><blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by Riftaj</i>
<br />dear your question is very complexx, it's not understandable ok
again aske in easy language,


2nd thinks FED and SED same things.

Rifi


<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by adnan2adee@yahoo.com</i>
<br />As we import security equipment, one of our govt customer ask us to use 1% SED (special excise duty) classification in Sales Tax invoice while sales tax has already been zero rated.
we have already paid Sales tax & FED on import so what SED is all about, pls share your knowledge?
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
Accountancy Forum > The Profession > Tax > 1% SED on import