Reimbursement of Duty (ROD) in lieu of drawback for supply of goods to SEZ developers against Indian Rupees - procedure amended
IN the meeting held on 7th August 2008, the Empowered Group of Ministers (EGoM) on SEZ had agreed to the request received from the various quarters for Reimbursement of Duty (RoD) for supply of goods to SEZ Developers against Indian Rupees.
This was made law by amending Rule 30(8) of SEZ Rules by GSR 72(E) dated 3rd February 2009.
The following procedure was required to be followed by an applicant for claiming RoD-
(i) The Developer shall file a duty reimbursement claim in prescribed format (Form‘1') with the Development Commissioner within a period of twelve months from date of payment on a monthly or quarterly basis at the option of claimant.
(ii) On application received within six month after the expiry of last date, 2% cut shall be imposed. In case application is received after this period but within another six months, 5% cut shall be imposed.
(iii) The developer shall enclose the following documents in original along with the self attested copies:
(a) Assessed triplicate copy of bill of export;
(b) Original invoice of the supplier issued under Rule 11 of Central Excise Rules 2002;
(c) Original ARE-1, if applicable;
(d) Proof of payment in (Form ‘2')
(e) Disclaimer Certificate from DTA supplier on letter head that no CENVAT on raw material has been availed.
The Ministry has now amended the aforesaid Instruction No.9 dated 18th February, 2009 by substituting the para 2 (iii)(e) appearing above by the following:
"2(iii)(e) "Disclaimer Certificate from DTA supplier on letter head that no CENVAT on raw material has been availed. However, if the DTA supplier has availed of CENVAT credit on inputs to a certain extent then it shall furnish a certificate to the Developer indicating the exact amount claimed. The Developer may make a claim for Reimbursement of Duty after adjusting the CENVAT credit already availed."
It's time to remember the famous notification 203/92-Cus, the VBAL Scheme& the Amnesty Scheme!
Instruction no. 77 dated August, 6, 2013 issued by Ministry of Commerce & Industry, Department of Commerce (SEZ Division)