Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Customs Commissionerates to Handle Brand Rate Fixation for Drawback Claims Post-GST Implementation Starting July 1, 2017.</h1> The circular outlines the procedures for fixing the Brand Rate of drawback under the Customs, Central Excise Duties, and Service Tax Drawback Rules, 1995, in light of the GST implementation from July 1, 2017. It details the transition period from July 1 to September 30, 2017, during which exporters can claim the All Industry Rate or Brand Rate of drawback, subject to conditions preventing simultaneous input tax credit or refund claims. The responsibility for fixing the Brand Rate is transferred to Customs Commissionerates based on the export location. Applications filed before July 1, 2017, will be transferred to the relevant Customs authorities.