PARA 4.3.5
- Document type
- Policy
- Reference no.
- 03
- Dated
Applicability of Drawback
4.3.5
Normally, the exports made under the DEPB Scheme shall not be entitled for drawback. However, the additional customs duty/excise duty paid in cash on inputs under DEPB shall be adjusted as CENVAT Credit or Duty Drawback as per rules framed by the Department of Revenue.[Deleted - In cases, where the additional customs duty is adjusted from DEPB, no benefit of CENVAT/ Drawback shall be admissible. ]
(Last sentence of Para 4.3.5 has been Deleted vide NTF. No. 28/2003, DT. 28/01/2004)
Normally, the exports made under the DEPB Scheme shall not be entitled for drawback. However, the additional customs duty/excise duty paid in cash on inputs under DEPB shall be adjusted as CENVAT Credit or Duty Drawback as per rules framed by the Department of Revenue.[Deleted - In cases, where the additional customs duty is adjusted from DEPB, no benefit of CENVAT/ Drawback shall be admissible. ]
(Last sentence of Para 4.3.5 has been Deleted vide NTF. No. 28/2003, DT. 28/01/2004)