All Industry Rates of Drawback, 2001 – 2002 –Amendment –Regarding - Customs - 052/01

Drawback Circular No.52/2001 Customs. 4th October,2001 F.No. 609/80/2001 DBK Government of India Ministry of Finance Department of Revenue Subject:- All Industry Rates of Drawback, 2001 2002 Amendment Regarding. All Industry Rates of Drawback, 2001-2002, were notified vide notification no.29/2001-Cus.(N.T.) dated 1.6.2001, and amended vide notification No.30/2001 Cus.(N.T.) dated 22.6.2001. 2. A large number of representations have, however, been received from various Export Promotion Councils pleading that the rates and caps are quite low. After examining these representations and fresh data submitted by the Councils, the Government have revised drawback rates and caps in respect of different categories of products appearing in Drawback Schedule, 2001 2002. The revised rates have been notified vide Notification No.50/2001 Customs(N.T.) ,dated 4th October,2001. These rates shall be effective from 4th October,2001. 3. Suitable public notice for information of the trade and standing orders for guidance of the staff may kindly be issued accordingly. 4. The receipt of this Circular may kindly be acknowledged.