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TMI BlogAmendments effective from 1.7.2017 to the All Industry Rates of Duty Drawback and other Drawback related changesX X X X Extracts X X X X X X X X Extracts X X X X ..... 300. C No VIII/48/90/2017 Air cus Tech. Dated 05.07.2017 PUBLIC NOTICE No. 11/12017 DATED 05.07.2017 Sub: Amendments effective from 1.7.2017 to the All Industry Rates of Duty Drawback and other Drawback related changes Reg. **** Attention of the trade and industry, exporters, Importers and other stake holders is invited to Notification numbers 58/2017-Cus (N.T.) ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... caps given under columns (4) and (5) respectively of the Schedule of AIRs of duty drawback, subject to certain additional conditions. During the transition period, exporters can also claim Brand rate of duty/tax incidence as they have been doing earlier. The conditions imposed for claiming these composite rates aim to ensure that the exporters do not claim composite AIRs of duty drawback and simu ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rawback i.e. rates and caps given under column (6) and (7) respectively of the Schedule of AIRs of duty drawback and avail input tax credit of CGST or IGST or refund of IGST paid on exports. (b) Changes in AIRs : Based on prevailing prices of inputs and export goods, budgetary changes, representations received and keeping in mind need for removing anomalies, certain changes have been made ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s covered under chapters 56 and 95 respectively; vi. Leggings have been classified under tariff item 611501 instead of 610304 and 610404; and vii. Customs rates have been reduced for nickel and articles thereof covered under chapter 75. 3. Further, vide Notification no. 58/2017-Cus dated 29.6.2017, the work related to: (a) fixation of Brand rate of drawback has been transferred fr ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ons, are notified and become functional, the jurisdictional Central Excise Commissionerates shall continue to discharge Customs functions as required under the Drawback Rules 1995. 4. Difficulties, if any may be brought to the notice of the undersigned. (P. ANJANI KUMAR) Commissioner of Customs - Circular - Trade Notice - Public Notice - Instructions - Office orders Tax Managemen ..... X X X X Extracts X X X X X X X X Extracts X X X X
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