https://www.taxtmi.com/circulars?id=62867 The period for utilisation of re credited 4% CVD (SAD) amounts in DEPB/Reward Scheme scrips is extended to 30 June 2012; no further extension will be granted. Exporters/importers are advised to pay the 4% SAD in cash for expeditious refunds because re crediting will not be allowed where initial payment is made by scrips. Re credited CVD refunds must be used only for payment of basic customs duty and CVD and not for payment of the 4% CVD (SAD), to avoid cascading re crediting. en-us Wed, 02 May 2012 00:00:00 +0530 Mon, 21 Oct 2019 11:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=62867 The period for utilisation of re credited 4% CVD (SAD) amounts in DEPB/Reward Scheme scrips is extended to 30 June 2012; no further extension will be granted. Exporters/importers are advised to pay the 4% SAD in cash for expeditious refunds because re crediting will not be allowed where initial payment is made by scrips. Re credited CVD refunds must be used only for payment of basic customs duty and CVD and not for payment of the 4% CVD (SAD), to avoid cascading re crediting. Circulars Customs Wed, 02 May 2012 00:00:00 +0530 https://www.taxtmi.com/circulars?id=62867