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of <h1>Ministry of Finance confirms Circular 74/97-Cus applies to converting drawback shipping bills into DEEC-cum-drawback bills</h1> The Ministry of Finance clarifies that the guidelines issued in Circular No. 74/97-Cus regarding duty drawback apply equally to the conversion of drawback shipping bills into DEEC-cum-drawback shipping bills. Although the original circular intended to include this provision, it was inadvertently omitted. This correction ensures that the procedures for such conversions follow the same rules as outlined in the 1997 circular. Relevant authorities and trade entities are instructed to disseminate this information through appropriate standing orders or public notices.
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