We are manufacturer exporter of soya extraction. we have procured capital goods (Machinaries)under EPCG licence issued by D.G.G.T., Bhopal. We paid Excise duty to the supplier of capital goods and now same will be refuhd by D.G.F.T. Pls. let us know details of documents and procedure for refund of Terminal Excise Duty.
Procedure and documents required to claim refund
PRAVIN BHANDARI
Refund of Terminal Excise Duty: follow FTP and HBP procedures; submit documentary evidence as per Form ANF8. Claiming a refund of Terminal Excise Duty on capital goods imported under the EPCG scheme is governed by the Foreign Trade Policy and the Handbook of Procedures; the required documents and application format are prescribed in Form ANF8. (AI Summary)
TaxTMI