DUTY DRAWBACK BACK -BRAND RATE OF FIXATION - Central Excise

[KULDEEP SINGH]

Dear Team,

We have taken CENVAT Credit on CVD AND SAD on inputs of imported material , we are claiming Dutydrawback under Brand Rateoffixation ,now we have accumulated Credit in books ,can we reverse only SAD amount from books and claim SAD amount also in dutydrawback along with BCD ,please confirm me notification saying that we can reverse SAD credit and afterwards claim SAD amount in dutydrawback under brand rateoffixation ..

Thanks

AI Summary

Inquiring About Reversing SAD Credit for Duty Drawback Claims Under Brand Rate Fixation: Notification Confirmation Needed A participant in a discussion forum inquires about the possibility of reversing the Special Additional Duty (SAD) credit from their books and subsequently claiming it in duty drawback under the brand rate of fixation. The individual has accumulated CENVAT Credit on Countervailing Duty (CVD) and SAD from imported materials and seeks confirmation of any notification that permits reversing SAD credit and claiming it in duty drawback alongside the Basic Customs Duty (BCD).