Drawback upper cap limits the drawback rate to one-third of the export product's market price. The drawback amount or rate determined under rule 3 is subject to an upper cap tied to the export product's market value. The prescribed drawback cannot exceed one-third of the market price of the export product, thereby fixing a statutory ceiling on the quantum or rate of drawback available under the rules.
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Provisions expressly mentioned in the judgment/order text.
Drawback upper cap limits the drawback rate to one-third of the export product's market price.
The drawback amount or rate determined under rule 3 is subject to an upper cap tied to the export product's market value. The prescribed drawback cannot exceed one-third of the market price of the export product, thereby fixing a statutory ceiling on the quantum or rate of drawback available under the rules.
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