Home Circulars 2018 Customs Customs - 2018 This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
Amendments to the All Industry Rates of Duty Drawback effective from 25.01.2018 - Customs - PUBLIC NOTICE NO. 09/2018Extract GOVERNMENT OF INDIA MINISTRY OF FINANCE, DEPARTMENT OF REVENUE OFFICE OF THE PRINCIPAL COMMISSIONER OF CUSTOMS (AIR CARGO) CHENNAI - VII COMMISSIONERATE, NEW CUSTOM HOUSE, MEENAMBAKKAM, CHENNAI - 600027. F. No.: S Misc. 286/08/2017-DBK (Air) Dated: 05.02.2018 PUBLIC NOTICE NO. 09/2018 Subject: Amendments to the All Industry Rates of Duty Drawback effective from 25.01.2018 ******* Attention of the Trade is invited to Board's Circular No. 4/2018 - Customs issued vide F.No.609/12/2018-DBK dated 24.01.2018. 2) Government on consideration of various representations and data related to issues arising from the implementation of the revised All Industry Rates (AIRS) of Duty Drawback vide Notification No. 89/2017 - Cus (N.T.) dated 21.09.2017 that came into effect from 01.10.2017 and accordingly, certain amendments were made vide Notification No. 08/2018-Customs (N.T.) dated 22.01.2018. These changes are effective from 25.01.2018. The notification may be downloaded from www.cbec.gov.in / www.aircustomschennai.gov.in and perused. 3) The changes made, inter-alia, include - (a) AIRs/caps of drawback have been enhanced for the following items: (i) Certain marine products covered under Chapters 3 and 16; (ii) Certain rubber articles like automobile Wres and bicycle tyres/tubes covered under Chapter 40; (iii) Leather and certain articles thereof covered under Chapters 39, 41, 42 and 64; (iv) Yarn/ fabric of wool covered under Chapters 51, 55, 56, 58 and 60; (v) Glass handicrafts covered under Chapter 70; (vi) Bicycles covered under Chapter 87; and (vii) Fishing/sports net of other man made textile material falling under tariff items 560802 and 950611. (b) AIRs/caps of drawback have been reduced for chemicals covered under tariff items 290701 and 291201. (c) Tariff item 391802 viz. Polypropylene Mats and the entries related thereto have been deleted from the Drawback Schedule. Polypropylene Mats will continue to be classifiable under tariff item 460101, which is in alignment with the entry under the Customs Tariff Act, 1975, with the existing rate/cap. 4) Difficulties faced, if any, in implementation of the above may be brought to the notice of AC/DC (Drawback). (K. RAGHU N. CHARY) PRINCIPAL COMMISSIONER OF CUSTOMS CHENNAI-VII COMMISSIONERATE
|