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TMI BlogAll Industry Rates of Duty Drawback, 2011-12X X X X Extracts X X X X X X X X Extracts X X X X ..... 11-12,announced by the Ministry of Finance vide Notification No. 68 / 2011-Cus. (N.T.) dated 22.09.2011. The rates of duty drawback are effective from 01.10.2011. The Notification may please be downloaded from CBEC website www.cbec.gov.in and perused for details. 2. As in previous years, the drawback rates have been determined on the basis of certain broad parameters including, inter alia, the prevailing prices of inputs, Standard Input Output Norms (SION), share of imports in the total consumption of inputs, FOB value of export goods and the applied rates of duty. The incidence of duty on HSD/Furnace Oil has been factored in the drawback calculations. The incidence of service tax paid on taxable services which are used as inpu ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ction in central excise duty on diesel. 5. In respect of items covered under the DEPB Scheme, major exporters operating under the DEPB Scheme are mainly from the Engineering sector including the auto and auto component industry, Chemicals, Pharmaceuticals, Textiles and the marine sector. It has been decided to provide a smooth transition for items in these sectors while incorporating these in the drawback schedule. As a transitory arrangement, these items will suffer a modest reduction from their DEPB rates, ranging from 1% to 3% for most items. 6. Presently, the DEPB rates are available for two wheelers, three wheelers, commercial vehicles and tractors. Appropriate duty drawback rates have been provided for these ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... t product ' . It is hereby clarified that drawback is reimbursement of input duties suffered in the manufacture of export goods and as long as no Cenvat credit has been availed for any of the inputs or input services used in the manufacture of the export product, the composite rate of drawback is permissible on export of such goods. The expression ' When Cenvat facility has not been availed ' , in Para 15 of the above mentioned notification, as far as the drawback provisions are concerned, has always meant Cenvat facility on inputs and input services, and is to be understood as such .The drawback notification has been suitably amended to further clarify the matter. 9. There has been some confusion ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ether or not coated with PVC. It is clarified that the rate under the heading 8307 is applicable to the flexible tubing whether or not coated with PVC, and the rate would be applicable even for past periods, prior to the amendment. 12. It was clarified vide circular no. 25/2007 dated 16th July 2007, that drawback is to be allowed for articles under tariff items 7323 of the drawback schedule without making any deduction towards the lids, handles etc. provided they retain the character of iron or steel articles classifiable under the said tariff item. It is clarified that the same logic shall also be applicable for the goods falling under tariff items 8211 and 8215 of the drawback schedule. 13. There has been a dispu ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... essment/examination with specific regard to DEPB Shipping Bills must ensure that the bills in the EDI queue are cleared expeditiously. If for any valid reason, the LEO cannot be given on the EDI on the said date, then the Commissioner of Customs may allow an endorsement of the LEO on the DEPB shipping bills manually. However, this may only be allowed as an exception. 15. All Exporters, Custom House Agents the Trade are also informed to follow the procedures explained in Public Notices No.50/2008 dated 26.06.2008 and 77/2008 dated 30.10.2008 issued by Jawaharlal Customs House in connection with the registration of accounts for enabling payment of drawback into the exporters bank in any core banking enabled bank/branch across t ..... X X X X Extracts X X X X X X X X Extracts X X X X
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