Extension of time for filing of applications for fixation of Brand Rate of Duty Drawback for High Speed Diesel (HSD) supplied by domestic oil companies.
THE DGFT had in March 2008 clarified to the development Commissioner, NSEZ that no new applications for fixation of Brand Rate of Duty Drawback for HSD should be entertained and applications already filed and pending in the office of DC, NSEZ as on 5 th March 2008 should be disposed off as per the directions given in the aforesaid letter.
Representations have been received from FIEO and individual firms pleading for equality of opportunity and seeking extension of time for filing applications for fixation of Brand Rate of Duty Drawback for HSD on the grounds that the criteria for fixing Brand Rate of Duty Drawback was communicated on 5.3.08 and the same date was also fixed as the cut off date for filing of applications and this date was not announced either by a Circular or Public Notice for information of the exporting community.
DGFT has now decided to give one final opportunity, of three months time from 1.1.2010, to enable the trade to file their applications, for fixation of Brand Rate of Duty Drawback for HSD supplied by domestic oil companies to EOU's prior to 17.8.05. The finalization of such applications shall however be subject to fulfillment of the prescribed conditions and careful scrutiny of all documents submitted in support of the claim so that no fraudulent applications are approved.
DGFT Policy Circular No. 20/2009-14 , Dated: January 1, 2009