TaxTMI Login
🎉 Festive Offer: Flat 15% off on all plans! →⚡ Don’t Miss Out: Limited-Time Offer →
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>New Circular Clarifies Drawback Rates for Man-Made Fabrics; Exporters Must Prove Non-Availment of Modvat to Qualify.</h1> The circular addresses the All Industry Rates of Drawback for man-made fabrics under Chapters 54, 55, and 58, focusing on the duty suffered on inputs like yarn, dyes, chemicals, and packing materials. It clarifies that the Central Excise duty at the processing stage is not included unless covered under bond or rebate is claimed, provided no Modvat facility is availed. Exporters must prove non-availment of Modvat or apply for a special Brand Rate. The circular also extends these provisions to exports under the DFRC Scheme, ensuring eligibility for Central Excise allocation of Drawback Rates. Public and staff notices are advised for dissemination.
TaxTMI 
