Levy of special additional duty of customs (CVD) @ 4% under Duty Free Credit Entitlement (DFCE) Scheme Reg.

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....- Levy of special additional duty of customs (CVD) @ 4% under Duty Free Credit Entitlement (DFCE) Scheme Reg. --------------------- 1. Attention of the trade is invited to Boards Circular Nos.18/2006-Cus, dated 05.06.2006 on the above subject. Wherein it has been clarified that in the case of imports under export promotion schemes like DEPB, Target Plus, Served from India, DFCE and Vishesh Krish....

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....Customs Tariff Act. Therefore, the special CVD cannot be paid through the scrips issued under the said scheme. A view has been expressed that in such cases (imports under these two notifications) the importer needs to pay the special CVD in cash and take refund of the same where eligible through cenvat or drawback, as the case may be. 3. The matter has been examined by the Board. It is noted that....