TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Circulars
of of All Circulars
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Govt extends deadline for brand rate fixation and relaxes Rule 12 for DEPB shipping bills under Customs Drawback Rules</h1> The government has relaxed the time limits under the Customs & Central Excise Duty Drawback Rules, 1995, allowing exporters to file applications for fixation of brand rates within 90 days from the issuance of a prior circular dated 25-6-1999, extending the deadline to 23-9-1999. This applies to exports made from the introduction of the compounded excise duty scheme until the date of that circular. Additionally, the requirement under Rule 12 for declaring the intent to avail drawback on shipping bills has been relaxed for DEPB shipping bills filed within the same extended period. These relaxations effectively permit exporters to claim drawback on eligible exports despite missing earlier deadlines, with all such cases deemed approved by the Central Government under Rule 17.
TaxTMI 
TaxTMI 
