Levy of special additional duty of customs (CVD) @ 4% under Export Promotion Scheme

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....e, 2006.  Sub :  Levy of special additional duty of customs (CVD) @ 4%  under Export Promotion Scheme - reg. I am directed to invite your attention to the above mentioned subject and to say that references have been received from the trade about different  practices being followed by the Custom Houses  regarding the levy of special CVD of 4% in respect of goods impor....

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.... notification),  all goods which are exempt from basic customs duty and additional duty [leviable under Section 3(1) of CTA, 1975] are exempt from the 4% special CVD.     In view of this, it is clarified that the special CVD of 4% is not leviable in case of imports under advance licence, EOU and SEZ schemes.   In the case of imports under EPCG Scheme it may be noted t....

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....rade Policy or in the customs notification issued under all these schemes.  Therefore, when goods are imported under any of these schemes, the exemption from duties in terms of the respective customs notifications shall only be available if the element of 4% special CVD is debited in the duty scrips / entitlement certificates.  In this connection, attention is invited to Ministry's Circu....