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of <h1>New Circular Updates Drawback Rules for Re-exported Goods Under Customs Act Section 74; Prevents Dual Benefits.</h1> The circular addresses the drawback of integrated tax and compensation cess on imported goods re-exported under Section 74 of the Customs Act, 1962. It updates the definition of 'drawback' to include refunds of integrated tax and compensation cess, alongside basic customs duty, as per the Customs Tariff Act, 1975. To prevent dual benefits, exporters must provide a certificate from the relevant GST officer confirming no credit or refund has been claimed on the integrated tax or compensation cess for re-exported goods. Existing instructions for drawback claims under Section 74 remain unchanged. Any implementation issues should be reported to the commissioner.
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