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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 ..... C NOTICE. 65/2017 Subject: Amendments effective from 1.7.2017 to the All Industry Rates of Duty Drawback and other Drawback related changes. Attention of all Exporters/Customs Brokers are invited to Board's circular no.22/2017 dated 30.06.2017 and notification numbers 58/2017-cus (N.T.) 59/2017- Cus (N. T) both dated 29.6.2017, which are effective from 1.7.2017. There notifications ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 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 exporter; do not claim composite AIRS of duty Drawback and simultaneously avail input tax credit of Central Goods and Services Tax (CGST) or Integrated Goo ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s, budgetary changes, representations received and keeping in mind need for removing anomalies, certain changes have been made in Al(Rs. These interalia include- i. Para (17) of Notes and Conditions Notification No. 131/2016-Cus (N.T.) dated 31.10.2016 has been amended to include the word melange so that melange textile materials covered in chapters 54 and 55 are treated as dyed; ii. Custo ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... /2017-Cus dated 29.6.2017, the work related to; (a) fixation of Brand rate of Drawback has been transferred from Central Excise formations to Customs formations having jurisdiction over place of export. A separate circular is being issued to explain various related provisions, procedures, etc. (b) supplementary claims of Drawback are now to be dealt only be Customs formations. For this purpo ..... X X X X Extracts X X X X X X X X Extracts X X X X
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