Extension of Brand Rate of Drawback Scheme to exports under DEPB Scheme

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... bursement of Additional Customs Duty (CVD) paid in cash on imported inputs and Excise duty paid on indigenous inputs in export goods - reg. Various representations have been received from Trade/Exporters that wherever final goods exported by them are liable to compounded levy of Central Excise duty, in such cases, the exporters are unable to avail of Modvat Credit ot additional cust .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... xcise duty suffered on inputs, on submission of proof of payment of duty. This will be applicable to exports of re-rolled steel products which are covered under Notification No. 33/97-CE dated 1.8.97 and processed fabrics, which are covered by Notification No. 44/98-CE(NT) dated 10.12.98. 3. Circular No. 68/97-Cus. dated 2.12.97 shall stand amended as above. Other provisions of that Circular .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X