Can we Claim CVD in Duty Drawback claim in DGFT

[Chetan Pawar]

Dear All,

We are supplying the material to our customers against ICB (Deemed Export) against we are claiming the Duty Drawback to DGFT for deemed exported material (Our Supply in accordance with Paragraph 8.2. (F) 8.4.4. (III) of the policy 2009-2014. but DGFT Regret our claim because we are claiming the CVD.

Please guide for the same.

Thanks & Regards,

Chetan Pawar

[YAGAY andSUN]

If you are availing Duty Drawback under the All Industry Rate and if you have claimed CVD as CENVAT credit, then, the concerned authority after due verification either rejection your claim or reduce to the extent of availment of CENVAT credit.

Team YAGAY & SUN

(Indirect Tax Consultants)

AI Summary

Claiming CVD in Duty Drawback may be disallowed or reduced if CVD was already availed as CENVAT credit. Where Duty Drawback is claimed under the All Industry Rate and the CVD has been availed as CENVAT credit, the authority will, after verification, either reject the CVD component of the drawback claim or reduce the claim to the extent of the CENVAT credit availed.