All Industry Rates of Duty Drawback, 2007-08 - Customs - D.O.F. No. 609/10/2007-DBK

M.F. (D.R.) D.O.F. No. 609/10/2007-DBK Dated 1-3-2007 Government of India Ministry of Finance (Department of Revenue) Central Board of Excise Customs, New Delhi Subject : All Industry Rates of Duty Drawback, 2007-08. Under the Duty Drawback Scheme administered by this Department the duties (Customs Central Excise) paid on inputs and service tax paid on input services used in the manufacture of export goods are refunded to the exporters in the form of drawback. The drawback rates are worked out and notified every year after taking into account the budgetary changes in the duty structure. 2.The exercise is underway in the Ministry to re-work and revise the rates of duty drawback as impacted by the changes made in the excise and customs duties or service tax in the Budget, 2007-08. 3.As you are aware, All Industry Rates of Duty Drawback are worked out by considering the consumption of input materials and the incidence of duties on these input materials. We would, therefore, request you to provide us with a comprehensive list of the various inputs which are used in the manufacture of exported products. A proforma in three parts is enclosed. I would like to emphasise that the consumption of input materials and incidence of tax, which is shown against the export of products must be relatable to the actual business activity of exports. Therefore, part of this proforma requires information on the actual cost incurred for making the export and the sales realization on such exports. The third part of the proforma relates to the incidence of service tax on exports. 4.Since the work is time bound in nature, you are requested to kindly furnish all information in the prescribed proforma by 20th March, 2007. The information may also be sent by e-mail at [email protected]. 5.Like the previous year, for formulation of All Industry Rates of Duty Drawback, 2007-08 the Government has constituted a three-member Committee consisting of Shri Saumitra Chaudhuri, Member, Economic Advisory Council to Prime Minister, Shri S.B. Mohapatra, Secretary to the Government of India (retired) and Shri T.R. Rustagi, Chief Commissioner of Customs Central Excise (retired). Should you wish to make a presentation before the Committee, a time table may kindly be worked out and intimated in advance so that the same can be organized. PROFORMA 1.1 Data pertaining to October-December , 2006 Name of the Manufacturer/ Exporter : ........................................................... Product Name : …..…………………………………………………………… Inputs Unit Average Ex factory price Average Domestic purchase price Quantity of domestic material used Total Amount of Excise duties paid Average CIF Price 1 2 3 4 5 Quantity of Imported material used Total Amount of Customs duties paid Quantity of goods sold in domestic market Value realized (excluding terminal stage duties) Quantity of goods exported FOB value realised 6 7 8 9 10 11 Note : 1. Customs duties to include Basic Customs duty, CVD, Cess and any other duties Excise duty should include Cess. 2. To be completed by the individual manufacturers/exporters. PROFORMA 1.2 Data pertaining to April-December , 2006 For each major item of final product This should list all the principal material inputs, e.g. steel or other metals or input chemicals or yarn or fabric etc. that go into the manufacture of the said product. It will not include common utilities such as electricity, fuel etc. Inputs Unit Total Quantity of Import Total Quantity of domestic production Rate of import duty w.e.f. 1-3-2007 Rate of excise duty w.e.f. 1-3-2007 1 2 3 4 Note : 1. Customs duties to include Basic Customs duty, CVD, Cess and any other duties Excise duty should include Cess etc. 2. To be completed by the Export Promotion Councils. PROFORMA II SUMMARY COST SHEET Rs. per/Unit output (average for the most recent quarter [Oct. to Dec. 2006 or July to Sept. 2006] of the current financial year) Company's name : Product name : A. Material cost   Item 1, 2, 3, ------- Provide the list of principal items of material cost   Sub-total -------- B. Fuel, electricity, coal, coke etc. …………… C. Salaries, Wages Other overhead expenses (allocated/apportioned as is the costing practice adopted by the unit for MIS, inventory valuation etc)……….. D. Total cost of sales (as estimated as per the costing practice adopted by the unit for MIS, inventory valuation etc.)………………… E. Domestic Sale price …………………. F. FOB realization……………………….. Note : This data should be provided for major items of export for a number of major companies, being a representative sample. PROFORMA III SERVICE TAX For Major Export Companies in Your Industry to be Provided Separately For each Company Period : April-December 2006-07 Company (Name)   : Products Exported : Total Business Turnover (Income) : Total value of Sales : Of which :- (a) Domestic Sales : (b) Export : Total Service tax paid ( Rupees) : A. break-up of Total service Tax Service Tax Paid 1) 2) 3) B. Service Tax on services directly relatable to export-itemized, such as export commission paid to foreign agents. Service Tax Paid 1) 2) 3) Sub Total : _________ To be certified by the Company Auditor.