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
Manufacturer Seeks Excise Duty Refund on Capital Goods Under EPCG License; Consults Foreign Trade Policy Paragraphs 8.3, 8.5 A manufacturer exporter of soya extraction sought advice on claiming a refund for excise duty paid on capital goods procured under an EPCG license. They inquired about the necessary documents and procedures for obtaining a refund of Terminal Excise Duty from the Directorate General of Foreign Trade (DGFT). The response advised consulting paragraphs 8.3 and 8.5 of the Foreign Trade Policy (2008-09) and paragraph 8.3 of the Handbook of Procedures, with documents specified in Form ANF8. (AI Summary)