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of <h1>New Circular Simplifies Duty Drawback Calculation for Leather Goods u/rs 6 & 7; Requires Invoices and Accountant's Certificate.</h1> The circular addresses the challenges faced in implementing the fixation of brand rate of duty drawback for leather goods under Rules 6 and 7 of the Customs and Central Excise Duties Drawback Rules, 1995. It highlights difficulties in applying the prescribed method for calculating duty drawback on finished/lining leather, especially when raw hides or unfinished leather are processed in-house or by job workers. To resolve this, exporters must provide purchase invoices and a certificate from an accountant detailing processing costs. These costs, along with purchase prices, will be used to calculate duty drawback using the All Industry Rates. Public notices and staff guidance are recommended.
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