Kandla Customs Issues Notice on Re-crediting 4% SAD Refund for Imports via DEPB, VKGUY, and Other Schemes.
The Customs Office in Kandla issued a notice regarding the re-credit of a 4% Special Additional Duty (SAD) refund for imports made through schemes like DEPB, VKGUY, FOCUS Market Scheme, and FOCUS Product Scheme. The refund, previously addressed in Board Circulars, is to be re-credited to the relevant scrips. Due to EDI software limitations, a specific procedure is outlined: canceling the "out of charge" status, recalling and reassessing Bills of Entry (B/E), and using a dummy "out of charge" to manage system records. Trade associations are urged to inform their members of these procedures.
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