All Industry Rates of Duty Drawback, 2007-08

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..... e. 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 activit .....

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..... 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 Ces .....

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..... dopted 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 ( Rupee .....

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