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  Refund of 4% CVD (SAD)-Extension of time upto 30th June, 2011 for using re-credited 4% CVD (SAD) amount in DEPB
 

 

 

 

 

DMAI/CIR/2/2011-2012            7th April 2011

 

TO ALL MEMBERS OF THE ASSOCIATION

 

Dear Sir,

 

               Re :  Refund of 4% CVD (SAD)-Extension of time upto 30th June, 2011

            for using re-credited 4% CVD (SAD) amount in DEPB       

                  

We send herewith contents of a Circular No.11/2011-Customs dated 24th February 2011 received by us issued by the Ministry of Finance, Dept. of Revenue, Central Board of Excise and Customs, New Delhi on the above subjects, which are self explicit in the matter for your information, please.

 

Thanking you,

 

Yours faithfully,

For The Dyestuffs Manufacturers’ Association of India

 

 

  (S. BALASUNDARAM)

EXECUTIVE SECRETARY

 

Encl : As above

  

 

 

Circular No.11/ 2011-Customs 

 

F.No.401/46/2008-Cus.III(Pt.)

Government of India

Ministry of Finance

Department of Revenue

Central Board of Excise and 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.

2.  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.

3.      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

E-mail-uscusiii@nic.in

 



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