Refund of 4% Additional Duty of Customs (4% CVD) in pursuance of Notification No.102/2007-Customs dated 14.9.2007 - Special Drive for clearance of pending 4% SAD refund claims - reg.

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....fund of 4% Additional Duty of Customs (4% CVD) in pursuance of Notification No.102/2007-Customs dated 14.9.2007 - Special Drive for clearance of pending 4% SAD refund claims - reg. *** Sir / Madam, Your kind attention is invited to the Notification No.102/2007-Customs dated 14.9.2007 and Board's Circulars No.6/2008-Customs dated 28.4.2008 and No.16/2008-Customs dated 13.10.2008 regarding refund of 4% Additional Duty of Customs (4% CVD). Attention is also invited to the Board's Circulars No.24/2007-Customs dated 2.7.2007, No.22/2008-Customs dated 19.12.2008 and No.7/2008-Customs dated 28.5.2008 which relate to general refund cases. 2. In this regard, several representations from the trade and industry, associations continue to be....

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....ys in all such cases. 4.2. Submission of sale invoices shall be required only in electronic form (CD or other media) in respect of 4% CVD refund cases and submission of paper documents is accordingly dispensed with. 5. In order to enable timely payment of refund in case of 4% CVD, a system of optional facility of directly crediting the applicant's bank account, through RTGS (Real Time Gross Settlement) or NEFT (National Electronics Funds Transfer) System is being prescribed. This facility is already functioning in Mumbai Customs Zone-II and has been found useful for the trade. Hence, Board has decided to extend this facility on optional basis to all other Customs formations also. Necessary authorisation for payment of refund amount di....

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....ly monitor all cases of 4% CVD refund claims pending for more than 30 days so as to ensure that these are disposed of within the overall time limit of three months. 8. A suitable Public Notice and Standing Order may be issued for the guidance of the trade and staff.  Difficulties faced, if any, in implementation of this Circular may be brought to the notice of the Board at an early date. Yours faithfully, Sd./- (R.P. Singh) Director (Customs) Encl:  As stated above. Copy for internal circulation -  As usual.   Annexure - I   Authorization for payment of refund amount directly to Bank Account   I.E.C. No. _______________         ....

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....sp;              Annexure - II   Sl.No. Type of refund claim Section / notification under which filed Illustrative list of documents to be filed by applicant along with Application for refund claim in prescribed form (Customs Series Form No.102 as given in Part 5 of Customs Manual)   3 Refund of 4% SAD Notification No. 102/2007-Customs dated 14.9.2007 1. Document evidencing payment of the Special Additional Duty (SAD). 2. Invoices of sale of the imported goods in respect of which refund of the said SAD is claimed. 3. Documents evidencing payment of appropriate sales tax or value added tax, as the case may be, by the importer, on....