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TMI BlogRevision of All Industry Rates (AIRs) of Duty DrawbackX X X X Extracts X X X X X X X X Extracts X X X X ..... ipal Chief Commissioners / Principal Directors General, All Chief Commissioners / Directors General, CBIC Subject: Revision of All Industry Rates (AIRs) of Duty Drawback. Madam/Sir, Government has notified the revised rates of Duty Drawback, also referred to as All Industry Rates (AIRs), vide Notification No. 07/2020-Customs (N.T.) dated 28.01.2020 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... dule (viz. articles of apparel and clothing accessories) made under Special Advance Authorization Scheme ( para 4.04A of Foreign Trade Policy 2015-20 ) in terms of Notification No. 45/2016-Customs dated 13.08.2016 . For claiming the alternative AIR, the relevant tariff item has to be suffixed with suffix D instead of the usual suffix B mentioned above.; (iii) AIRs of Duty Drawback ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... as decrease in BCD rate, changes in price (CIF) of imported inputs, FOB value of export goods, import intensity of inputs etc.; (v) 31 new tariff items have been introduced in the Schedule pertaining to sectors viz. chemicals (18 items), textiles and readymade garments (6 items), leather articles and footwear (6 items) and glass handicraft/ art ware (1 item). Descriptions of three tariff ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... edule. 3. Commissioners are expected to ensure due diligence to prevent any misuse. The shipping bills with parameters considered to be sensitive should be handled with adequate care at the time of export. There is also need for continued scrutiny so as to prevent any excess drawback arising from mismatch of declarations made in the Item Details and the Drawback Details in a shipping bill ..... X X X X Extracts X X X X X X X X Extracts X X X X
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