TMI BlogAmendments effective from 15.01.2017 to the All Industry Rates of Duty DrawbackX X X X Extracts X X X X X X X X Extracts X X X X ..... pal Directors General Chief Commissioners / Directors General Principal Commissioners Commissioners, all under CBEC Madam/Sir, Subject: Amendments effective from 15.01.2017 to the All Industry Rates of Duty Drawback - reg. The Government considered representations, feedback and data related to the All Industry Rates (AIR) of Duty Drawback that took effect on 15.11.2016 and ha ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tes are being decreased for Gold jewellery, Silver jewellery and silver articles covered under tariff items 711301 , 711302 and 711401 . 2. The amendments in the First Schedule to the Customs Tariff Act, 1975 notified in Section 141 of the Finance Act, 2016 regarding the changes from the WCO Harmonized System Nomenclature 2012 edition to the 2017 edition have been implemented with e ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... AIR is being created separately for Monopods, bipods, tripods and similar articles under tariff item 9620 ; 3. Notes and conditions No. 3 (ii) of the AIR Notification No. 131/2016-Cus (N.T.) has been amended so that the parts or components of agriculture equipment (of tariff item 8432 , 8433 and 8436 ) remain classifiable under respective tariff items only. 4. Suitable public notice ..... X X X X Extracts X X X X X X X X Extracts X X X X
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