Drawback on cotton power loom made ups permissible

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... in quantity terms have been prescribed - Rules 7(A) of Customs Central Excise Duties Drawback Rules, 1971- Rule 8 of the Customs and Central Excise Duties Drawback Rules, 1995. Representations have been received from the exporters of Cotton Power loom made-ups (bed sheets) under S.S. No. 6305 (Old 2702(5)) of the Drawback Table where exporters' claim for drawback have not been allo .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... piece specified works out to less than Rs. 5000/-or 2% of the F.O.B. value, is not affected. 2. The matter has been examined by the Ministry. The rates specified under S.S.No. No. 6305(Old 2702(5)) is 2% of the F.O.B. value which is subject to a maximum limit of Rs. 4.35 per piece. The specific rate under the S.S. No. No. 6305 (Old 2702(5)) is not repeat not the rate of drawback but ma .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X