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of <h1>Circular Calls for Enhanced Audits and Systematic Management in Duty Drawback Scheme Compliance, Urges Timely Brand Rate Fixation.</h1> The circular addresses issues identified in Audit Report No. 15/2011-12 concerning the Duty Drawback Scheme. It highlights the need for improved internal audits to enhance compliance, particularly in re-export drawback payments and manual processing. It mandates the creation of special cells for reconciling export sales proceeds and emphasizes systematic management of BRC submissions. The circular stresses regular sample checks on AIR drawback claims to ensure accuracy and directs maintaining records of such checks. It also outlines procedures for timely fixation of brand rates, urging Commissioners to monitor and expedite this process within prescribed timelines.
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