Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Government extends DEPB scheme filing deadline for Brand Rates under Rules 6, 7, and 17 of Drawback Rules 1995</h1> The government has extended the time limit for exporters under the DEPB Scheme to file applications for fixation of Brand Rates of Drawback beyond the usual 90 days prescribed under Rules 6 and 7 of the Duties Drawback Rules, 1995. Due to representations from exporters affected by the limitation following Circular No. 68/97 dated 2.12.1997, the authorities have allowed filing within 90 days from that circular's date, effectively condoning any delay. This relaxation permits exporters to claim drawback on products not eligible for MODVAT credit of additional customs duty or excise duty paid on inputs, and such permission is deemed granted under Rule 17 of the Drawback Rules, 1995.