TMI BlogModvat credit in respect of C.V. duty paid on imported goods - RegardingX X X X Extracts X X X X X X X X Extracts X X X X ..... ds - Regarding. The undersigned is directed to invite a reference to the Ministry's letter of even number, dated the 29th December, 1986, and to state that certain difficulties have been expressed by the trade regarding the requirement of giving declaration on the Bill of Entry for the purpose of availing of Modvat credit of countervailing duty paid on the inputs. 2. The matter has been examined ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... y has in fact been granted. On receipt of such intimation, the Customs House will keep a suitable note on its copy of the Bill of Entry and will not sanction any refund of the C.V. duty unless the importer produces a confirmation from the jurisdictional Superintendent of Central Excise that credit account of the manufacturer has been debited to the extent of refundable amount. 4. If a refund has ..... X X X X Extracts X X X X X X X X Extracts X X X X
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