Low drawback determination permits exporters to seek fresh customs assessment, extension, and provisional drawback under prescribed conditions. Where the drawback amount or rate fixed for a class of goods is less than eighty per cent of the duties paid on the materials or components used in manufacture, the exporter may seek a fresh determination from the jurisdictional customs authority within the prescribed period. The period may be extended on application, inquiry, and recorded reasons, subject to prescribed fees. Provisional drawback and further provisional drawback may also be sought, subject to the applicable procedure and a bond limited to the difference between the Government-determined drawback and the provisional drawback already authorised.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Low drawback determination permits exporters to seek fresh customs assessment, extension, and provisional drawback under prescribed conditions.
Where the drawback amount or rate fixed for a class of goods is less than eighty per cent of the duties paid on the materials or components used in manufacture, the exporter may seek a fresh determination from the jurisdictional customs authority within the prescribed period. The period may be extended on application, inquiry, and recorded reasons, subject to prescribed fees. Provisional drawback and further provisional drawback may also be sought, subject to the applicable procedure and a bond limited to the difference between the Government-determined drawback and the provisional drawback already authorised.
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