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TMI BlogThe Customs and Central Excise Duties Drawback Rules, 2017 and All Industry Rates (AIRS) of Drawback related changesX X X X Extracts X X X X X X X X Extracts X X X X ..... entral Excise Duties Drawback Rules, 2017 and All Industry Rates (AIRS) of Drawback related changes -reg. The Central Government has notified the Customs and Central Excise Duties Drawback Rules, 2017 (hereinafter referred to as Drawback Rules 2017) vide Notification No. 88/2017-Customs (N.T.) dated 21.9.2017 to replace the Customs, Central Excise Duties and Service Tax Drawback Rules, 1995. T ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nces to input services and Service Tax have been omitted; (c) As drawback is limited to incidence of duties of Customs on inputs used and remnant Central Excise Duty on specified petroleum products used for generation of captive power for manufacture or processing of export goods, only general AIRS under column (4) with caps under column (5) have been provided in the Schedule. For claiming thes ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... o longer required w.e.f. l. 10.2017; (f) The notification also specifies the alternative AIRS on garment exports (items covered under Chapter 61 and 62) made against the Special Advance Authorization (para 4.04A of FTP 2015- 20) in discharge of export obligations in terms of Notification No. 45/2016-Customs dated 13.8.2016. These AIRS are provided in 'Table' in the said notification. Fo ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rred. The brand rate facilitation would continue and there should be no delay by Customs formations in finalizing applications for fixation of brand rate; (i) Where in respect of export product, NIL rate or no rate of drawback is provided in AIR Schedule, an application for fixation of Brand Rate under Rule 7 of the Drawback Rules, 2017 shall not be admissible. In such situation, application fo ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... of the Drawback Committee constituted by the Central Government has been extended to 31.12.2017 to expeditiously look into issues arising from the changes made. Accordingly, exporters may immediately come forward with representations with supporting data and documents, if any, for higher rates than rates provided. 5. Any difficulties experienced in this regard may be brought to the notice of t ..... X X X X Extracts X X X X X X X X Extracts X X X X
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