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Refund of Excise Duty paid on tea procured by EOU/ EPZ units in the period 01.03.1999 to 30.11.1999

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..... 01-2002, Dt. 16/10/2001. Sub: Refund of Excise Duty paid on tea procured by EOU/ EPZ units in the period 01.03.1999 to 30.11.1999 The Union Budget for the year 1999-2000 which came into effect on 01.03.1999 had imposed an excise duty of Rs 2 per kg on bulk tea. Subsequently the Drawback Directorate in the Department of Revenue fixed an All Industry Drawback Rate of Rs 2 per kg on 01.06.1999 .....

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..... ards. In this regard, representations have been received from the industry on the need for reimbursement of the Central Excise Duty paid on bulk tea procured from the licence auction centres by the EOU/ EPZ units for the period 01.03.1999 t0 30.11.1999 i.e from the date of levy of this Central Excise Duty in the Union Budget to the date of issue of Notification by the office of the DGFT for the r .....

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