Refund of 4% CVD (SAD)-Extension of time upto 30th June 2012, for using re-credited 4% CVD (SAD) amount in DEPB-Regarding.

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..... 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 2012, for using re-credited 4% CVD (SAD) amount in DEPB-Regarding. Sir / Madam, Your kind attention is invited to the Circular .....

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..... und claims. The report in this regard should be sent to Board by 04-05-2012. 4. Board also reiterates Para 8 of Board's Circular No. 27/2010-Customs, dated 13-08-2010 wherein it was mentioned that in the interest of ensuring expeditious grant of refund of 4% SAD, the importers may be advised to make the initial payment of 4% CVD in cash. DGFT has also informed that no re-crediting shall be done i .....

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