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of <h1>Guidance on Calculating Duty Drawbacks Under Customs and Central Excise Duties Drawback Rules, 1995: Key Clarifications Provided.</h1> The circular addresses the fixation of brand rates for duty drawback by Central Excise field formations under the Customs and Central Excise Duties Drawback Rules, 1995. It clarifies the computation of duty drawbacks, emphasizing the deduction of duty on recoverable waste sold locally. The document provides guidance on calculating the duty incidence on raw materials, including waste, and offers an illustration using the example of GA Coil used in car manufacturing. The effective duty incidence is calculated by subtracting the duty on recoverable waste from the total duty on consumed materials. The circular instructs the issuance of public notices for trade information.
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