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of <h1>Amendments to Duty Drawback Rates Effective July 1, 2017: Transition to GST with Conditions to Prevent Double Benefits.</h1> Effective from July 1, 2017, amendments to the All Industry Rates of Duty Drawback and related changes have been introduced. During a three-month transition to the GST regime, exporters can continue using existing Duty Drawback schemes, with specific conditions to prevent double benefits from input tax credits or IGST refunds. Changes include adjustments to rates and caps for various products, including textiles and marine products. The responsibility for fixing Brand rates of drawback has shifted from Central Excise to Customs formations. Public notices should be issued for trade guidance, and any issues should be reported to the Board.
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