Eligibility of brand rate of duty drawback where inputs used in the manufacture of export products are imported availing of DEPB – Clarification - Regarding
📋
Contents
Cases Cited
Referred In
Notifications
Circulars
Forms
Manuals
Acts
Rules & Regulations
Case Laws New
Ref Provisions New
Plus +
Source NTF
Summary
Similar
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
Duty drawback eligibility expanded to include additional customs duty paid through DEPB debit, aligning with CENVAT adjustment. Additional customs duty paid by debit under the DEPB scheme shall be allowed as part of the brand rate of duty drawback, aligning with the Foreign Trade Policy provision permitting adjustment of additional customs duty/excise duty paid in cash or through DEPB as CENVAT credit or Duty Drawback, and thereby modifying the earlier circular that limited allowance to cash-paid duty.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Duty drawback eligibility expanded to include additional customs duty paid through DEPB debit, aligning with CENVAT adjustment.
Additional customs duty paid by debit under the DEPB scheme shall be allowed as part of the brand rate of duty drawback, aligning with the Foreign Trade Policy provision permitting adjustment of additional customs duty/excise duty paid in cash or through DEPB as CENVAT credit or Duty Drawback, and thereby modifying the earlier circular that limited allowance to cash-paid duty.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
TaxTMI 
