Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Duty Drawback- Minimum Amount-Fresh Instructions

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... to reduce monetory limit to Rs. 500/- and removal of minimum limit of 2% in case of export under duty Exemption scheme and exports by post- Attention is invited to Ministry's telex of even number dated the 21st September, 1995 on the subject. Copy of Notification No. 53/95-Customs and Central Excises (NT) dated 18th September, 1995 was also enclosed with the post copy of the said .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ustoms and Central Excise Duties Drawback Rules, 1995, the provisions of section 16 of sub-section (2) of section 83 of the Customs Act determine the amount of drawback application to any goods exported under the said rules and the provisions of section 74/75 of the Customs Act, 1962 determine the relevant date for making drawback payments. Thus the amount or rate of drawback including the limitat .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates