Government of India
Ministry of Finance
Department of Revenue
Central Board of Excise and Customs
Circular No.11/ 2011-Customs
North Block, Room No. 253-A,
New Delhi, the 24th February, 2011.
To,
All Chief Commissioners of Customs / Customs (Prev.).
All Chief Commissioners of Customs & Central Excise.
All Commissioners of Customs / Customs (Prev.).
All Commissioners of Customs & Central Excise.
Subject:- Refund of 4% CVD (SAD)-Extension of
time upto 30th June, 2011 for using re-credited 4% CVD (SAD) amount in DEPB.
Sir / Madam,
Your kind attention is invited to the
Circular No.27/2010-Customs, dated
13.08.2010 regarding procedure on refund of 4% CVD (SAD). The above Circular
provides the facility of manual filing of Bill of Entry for utilizing the amount
of re-credited 4% CVD (SAD) refunds for payment of duty in case of re-credited
DEPB / Reward Scheme scrips upto 30.12.2010. However several representations
have been received from trade and industry to extend the time upto 30th June,
2011 for using re-credited 4% CVD (SAD) amount in DEPB as they have not been
able to utilize the re-credited DEPB / Reward Scheme scrips within the
stipulated time.
- The matter has been examined in consultation with Ministry of Commerce.
Accordingly, it has been decided to extend time limit for using re-credited DEPB
/ Reward Scheme scrips in case of 4% CVD (SAD) upto 30th June, 2011.
- A suitable Public Notice and Standing Order may be issued for the guidance of
the trade and staff.
Yours faithfully,
(Vikas)
Under Secretary (Customs-III/VI)
Telefax-011-2309 5532
Fax-011-2309 2173
[email protected]
F.No.401/46/2008-Cus.III(Pt.)
Internal circulation – As usual.