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of <h1>Finance Ministry Updates Duty Drawback Rates: Check Amended Notification for Importers and Traders.</h1> The Ministry of Finance, Department of Revenue, has issued Notification No. 03/2017-Customs (N.T.) dated 12.01.2017, amending Notification No. 131/2016-Customs (N.T.) regarding the All Industry Rate (AIR) of duty drawback. This amendment is intended for the guidance of importers, clearing agents, and the trading public. The notification is accessible through the official customs website. The Office of the Commissioner of Customs in Chennai has released Public Notice No. 07/2017 to inform relevant stakeholders about these changes.
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