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Introducing the βIn Favour Ofβ filter in Case Laws.
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<h1>Rule 5 of Customs and Central Excise Duties Drawback Rules, 2017, sets the effective date for drawback rates on exports.</h1> The Customs and Central Excise Duties Drawback Rules, 2017, Rule 5, outlines the determination of the effective date for the amount or rate of drawback on exported goods. The Central Government specifies the period during which the determined or revised drawback rate is applicable. If a drawback rate is applied retrospectively, it is effective from a date specified by the government, not earlier than changes in duty rates on inputs used in the exported goods. The applicable drawback amount or rate is determined by relevant provisions of the Customs Act, 1962.