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TMI BlogRevision of All Industry Rates (AIRs) of Duty Drawback.X X X X Extracts X X X X X X X X Extracts X X X X ..... General, Chief Commissioners / Directors General, Principal Commissioners/Commissioners, all under CBIC Subject: Revision of All Industry Rates (AIRs) of Duty Drawback. Madam/Sir, The Central Government has notified the revised All Industry Rates (AIRs) of Duty Drawback vide Notification No. 95/2018-Customs (N.T.) dated 6.12.2018 which will come into force on 19.12.2018. The ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... specifies the alternative AIRs on garments exports made against the Special Advance Authorization ( para 4.04A of Foreign Trade Policy 2015-20 ) in discharge of export obligations in terms of Notification No. 45/2016-Customs dated 13.08.2016 . For claiming these alternative AIRs, the relevant tariff item has to be suffixed with suffix D instead of the usual suffix B . (iii) The AIR of Dut ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... n account of various factors such as change in duty structure, change in prices (CIF) of imported inputs and FOB of export goods, change in import intensity of inputs, etc.; (iv) Rationalization of rates for some readymade garments ( Chapters 61 62 ), articles of stones (Chapter 68), in iron and steel sector ( Chapter 72, 73 , 84 and articles in different Chapters) and for bicycles sing ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... adequate care at the time of export. There is also need for continued scrutiny for preventing any excess drawback arising from mismatch of declarations made in the Item Details and the Drawback Details in a shipping bill. 4. With trade facilitation in view, the Drawback Committee constituted by the Central Government has also been mandated to give a supplementary report on the basis of represe ..... X X X X Extracts X X X X X X X X Extracts X X X X
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