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 Guidelines for Duty Drawback: Exporters Can Claim All Industry Rate Pending Brand Rate Fixation u/r 7.</h1> The circular addresses the issue of delays in the fixation of brand rates for duty drawback, which causes financial difficulties for exporters. Under Rule 7 of the Customs & Central Excise Duties Drawback Rules, 1995, exporters can apply for a brand rate if the All Industry Rate is insufficient. The Kelkar Committee recommended allowing exporters to receive the All Industry Rate of duty drawback while awaiting brand rate fixation. Once the brand rate is determined, any differential amount will be adjusted. Exporters must declare their status regarding Central Excise registration and Cenvat facility usage to avail of this provision.
TaxTMI 
TaxTMI 
