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Duty drawback of cvd and sad in case of imported goods

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Querist : Anonymous

Querist : Anonymous (Querist)

25 January 2014 Currently we are claiming drawback (U/s 75 of custom)of Basic custom + custom EC + custom SHEC and avail CENVAT of CVD + SAD.Also at the time of removal of Finished goods for export we are paying Excise duty through CENVAT balance and against such excise duty , we are claiming REBATE under Rule 18 of CER 2002.
But now we want to claim drawback of CVD & SAD also, as we don't want to avail CENVAT of it.And we also want to claim a REBATE of excise duty ,as we are claiming earlier.
So can we do so???Please Guide us.

Arun Kumar Singh

Arun Kumar Singh (Expert)

26 January 2014 You can take the rebate of after duty payment from CVD and SAD but drawback rate will be reduce. Two types of drawback rate with cenvat and without cenvat if you will avail the cenvat credit then drawback will be reduce.

Querist : Anonymous

Querist : Anonymous (Querist)

29 January 2014 Thank you Sir for your reply.
Now we are not claiming CENVAT of CVD and SAD, so can we claim drawback of entire impot duty without reducing the rate and also can we claim rebate of duty paid on removal of final product for export????

Please guide us...

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