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

All Industry Rates of Duty Drawback for the year 2002-2003 effective from 1-6-2002 — Regarding

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... or the year 2002-2003 effective from 1-6-2002 — Regarding I am enclosing a copy of the Drawback Table 2002-2003, issued vide notification No. 33/2002-Cus (N.T.), dated 29-5-2002. These rates will come into effect from 1-6-2002. The old drawback rate would be applicable till 31-5-2002. 2. The new Drawback Table has the following salient features :- (ix) This year, Explanatory Not .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... area, separate entries have been created in Chapter 42. Also, a new item 'Golf Glove' has been included in this Chapter. (xiii) Since even Knitted Garments are now chargeable to Central Excise duty, separate set of entries have been created for exporters availing of CENVAT facility or not availing of CENVAT facility. (xiv) In Chapter 64, the entries relating to Leather .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Since Central Excise duty has been levied this year on many products for the first time, the availment of drawback for such products has been made incumbent upon the availment of CENVAT facility. A few such products are - Paper products, Laboratory Glassware, Immitation Zari, Knitted Fabrics, Grey Fabrics and Complete Bicycles. 3. The Directorate of Drawback has tried its best to provide a u .....

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