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of <h1>Exporters Can Apply for Redetermination of Drawback Rates Under Rule 7 of 1995 Rules if Below 80% of Duties Paid.</h1> Under the Customs, Central Excise Duties and Service Tax Drawback Rules, 1995, if an exporter finds the drawback rate or amount determined for goods is less than 80% of the duties or taxes paid on materials or services used, they may apply to the Principal or Commissioner of Customs for redetermination. This application must be made within three months, extendable by up to nine months. An application fee is required, based on the FOB value of exports. The Central Government may revoke or adjust the determined drawback rate or amount if deemed necessary. Provisional drawback payments are also addressed under specific conditions.
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