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    <title>Procedure for refund / revalidation of DEPBs/Reward Scrips for re-credit of 4% CVD (SAD).</title>
    <link>https://www.taxtmi.com/circulars?id=11560</link>
    <description>For the purpose of utilisation of re-credit of 4% SAD, freely transferable duty credit scrips (including DEPB) shall be deemed revalidated until 30.6.2012 without further Regional Authority endorsement where (i) endorsement by the Regional Authority was made on or before 15.9.2011 but the re-credit remained unutilised, or (ii) Customs issued a consolidated certificate (Credit Note) between 1.9.2011 and 30.4.2012, in which case the amount in that consolidated certificate shall be deemed recredited.</description>
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      <description>For the purpose of utilisation of re-credit of 4% SAD, freely transferable duty credit scrips (including DEPB) shall be deemed revalidated until 30.6.2012 without further Regional Authority endorsement where (i) endorsement by the Regional Authority was made on or before 15.9.2011 but the re-credit remained unutilised, or (ii) Customs issued a consolidated certificate (Credit Note) between 1.9.2011 and 30.4.2012, in which case the amount in that consolidated certificate shall be deemed recredited.</description>
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