TMI BlogReimbursement of excise duty paid on Fuels procured from Depots of Domestic Oil CompaniesX X X X Extracts X X X X X X X X Extracts X X X X ..... DT. 05/12/2005 1. In terms of para 6.11 (c) (iv) of Foreign Trade Policy, the EOU/EHTP/STP/BTP Units are entitled to reimbursement of duty paid on fuels procured from Domestic Oil Companies as per the rate of drawback notified by the DGFT from time to time. Till August, 2004, the EOUs were getting reimbursement of import duty in the form of duty drawback based on the rate fixed by DGFT and also ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e. The supplies are eligible for deemed export drawback in terms of para 8.3 of the policy on the central excise/customs duty paid on inputs/components and also eligible for refund of terminal excise duty paid on the finished goods provided the recipient of the goods does not avail CENVAT credit/rebate on such goods. The Drawback rate fixed by DGFT for furnance oil and high speed diesel take into ..... X X X X Extracts X X X X X X X X Extracts X X X X
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