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TMI BlogAll Industry Rates of Duty DrawbackX X X X Extracts X X X X X X X X Extracts X X X X ..... the notification. Some important notes and conditions are briefly mentioned below:- (1) The tariff items and descriptions of goods in the said Schedule are aligned with the tariff items and descriptions of goods in the First Schedule to the Customs Tariff Act, 1975(51 of 1975) at the four-digit level only. (2) The General Rules for the Interpretation of the First Schedule to the said Customs Tariff Act, 1975 shall mutatis mutandis apply for classifying the export goods listed in the said Schedule. (3) Notwithstanding anything contained in the said Schedule, all artware or handicraft items shall be classified under the heading of artware or handicraft (of constituent material) as mentioned in the relevant Chapters. (4) Drawback at the rates specified in the said Schedule shall be applicable only if the procedural requirements for claiming drawback as specified in rules 11, 12 and 13 of the said rules, unless otherwise relaxed by the competent authority, are satisfied. (5) The rates of drawback specified in the said Schedule shall not be applicable to export of a commodity or product if such commodity or product is- ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ds five hundred rupees. (9) Whenever a composite article is exported for which any specific rate has not been provided in the said Schedule, the rates of drawback applicable to various constituent materials can be extended to the composite article according to net content of such materials on the basis of a self-declaration to be furnished by the exporter to this effect and in cases of doubt or where there is any information contrary to the declarations, the proper officer of customs shall cause a verification of such declarations. (10) The term article of leather in Chapter 42 of the said Schedule shall mean any article wherein 60% or more of the outer visible surface area (excluding shoulder straps or handles or fur skin trimming, if any) is of leather notwithstanding that such article is made of leather and any other material. (11) The term dyed in relation to fabrics and yarn of cotton, shall include bleached or mercerized or printed or mlange. (12) The term dyed in relation to textile materials in Chapters 54 and 55, shall include printed or bleached. CBEC has issued Circular No. 13 /2008-Cus. (F.NO. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... brics, the new rate is 4.6% (grey) / 5.5% (dyed) with a drawback cap of ₹ 14per kg (grey) / ₹ 20per kg (dyed). The new drawback rate for lungies and Real Madras Handkerchiefs is 5.5% with a cap of ₹ 20/kg, the same as applicable for dyed fabrics. In the case of denim fabrics the new rate is 5.7% with a cap of ₹ 21.5/kg as against the earlier rate of 8.5% with a cap of ₹ 32/kg. d) Man-made Filaments and Man-made Staple Fibres: In the case of synthetic / artificial filament yarn (Chapter 54), only customs component of Drawback rates has been prescribed. The drawback rate for Synthetic Filament Yarn now is 2.2% (grey) / 2.6% (dyed) and for artificial filament yarn 2.1% (grey) / 2.5% (dyed) as against the earlier customs rate of 3% (grey) / 3.5% (dyed) for both types of filament yarn. In the case of woven fabrics of synthetic filament yarn, the new drawback rate is 8.4% (grey) / 9.4% (dyed). Insofar as synthetic / artificial fibres (Chapter 55) are concerned, again only the customs component of drawback rates has been fixed. The new drawback rate is 2.4% for synthetic staple fibres and 2% for artificial staple fibres. In the case of yarn of sy ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 5/155 per pair. In the case of leather apparel the rate provided is 9.9% with a cap of ₹ 575 per piece as against the earlier rate of 11.4% with a cap of ₹ 650 per piece. The drawback rates on other leather items viz. suit cases, handbags and gloves have also been revised downwards. b) The new drawback rate for saddlery and harness made of leather is 9%. The corresponding rate for saddlery and harness made of non-leather is 8.6%. A new entry has been incorporated to include parts/components of harness and saddlery made of leather or non leather including textiles or synthetic materials with a rate of 8.6% with a cap of ₹ 90 per pc. iii) Base Metals and Articles of Base Metals (Chapters 72-83) a) The drawback rates on semi-finished steel, flat rolled products and bars and rods of stainless steel and other alloy steels has been reduced from 2% to 1% (Customs component). b) In Chapter 74 (Copper and Articles thereof), the drawback rates on copper cathodes, wire bars and rods have not undergone any change. The drawback rate on brass builder hardware and handicrafts of brass has been decreased from 18% with a cap of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s HDPE, LDPE, Poly Propylene) also drawback rates have been decreased. c) For all kinds of zinc oxide the new drawback rate is 1% (customs) as against the earlier rates of 6.3% /3.5% / 1% . In the case of perfumed agarbattis, the drawback rate has been decreased from 12% with a cap of ₹ 33/kg to 10.5% with a cap of ₹ 29/kg. viii) Items on which drawback rates have been increased The drawback rates have been increased from 7.6% to 9% and 6.5% to 7.6% on flax yarn and flax fabric, respectively. Similarly in the case of coffee, tea, wooden artware and optical fibres the drawback rates have been increased. It is clarified that where All Industry Rate of Duty Drawback is prescribed as Nil, the exporters are eligible for claiming brand rate of drawback under Rule 6 or 7 of the Customs, Central Excise Duties and Service Tax Drawback Rules, 1995 subject to the conditions mentioned therein. The notification and the new Drawback Schedule may be gone through carefully to note the changes made therein. It is requested that any error / omission noticed during the implementation of the rates may be brought to the noti ..... X X X X Extracts X X X X X X X X Extracts X X X X
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