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New Duty Drawback Rates effective 16.6.95- CBEC Instructions

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..... l Industry rates of Drawback effective from 16.6.1995 vide Public Notice No. 5/95, dated 15.6.1995. There are some important changes made in the description of export products, and Notes given thereunder. 2. The most significant change made relates to harmonising of the Drawback Table with the Customs Tariff Act, 1975. As mentioned in the Press Note, the description of the export goods has as fa .....

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..... b-heading No., as shown in column 1 of the Table. 2.2 Attention is also drawn to par 2(b) and its and its proviso of the General Notes relating to grant of drawback in the case of exports made under the Advance Licencing Scheme. 3. Commissioners should closely watch the drawback payments under the revised headings and wherever, they notice gross distortions of amounts being disbursed, the same .....

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..... ssuing separate certificate. Necessary instructions may be issued to the concerned staff in this regard. 6. Your attention is also invited to the revised Customs and Central Excise (Duty Drawback) Rules, 1995, issued under Customs Notification No. 37/95-Customs and Central Excise (NT) which have already been circulated to you. The changes made therein, should also be kept in mind and any difficu .....

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