Drawback rules revision limits drawback to customs and specified excise duties and replaces composite rates with general AIRs. The notification implements Drawback Rules, 2017 and revises All Industry Rates effective 1 October 2017, narrowing drawback to Customs duty and specified Central Excise duty while excluding integrated tax and compensation cess, discontinuing composite rates, and providing only general AIRs (suffix 'B') with caps. Alternative AIRs for garment exports under Special Advance Authorization require suffix 'D'. Provisional drawback payments are to equal the applicable AIR and count toward further provisional authorisations. Brand rates fixed earlier do not apply for exports with let-export date on or after 1 October 2017 and fresh applications under Rule 6 or Rule 7 are required.
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Drawback rules revision limits drawback to customs and specified excise duties and replaces composite rates with general AIRs.
The notification implements Drawback Rules, 2017 and revises All Industry Rates effective 1 October 2017, narrowing drawback to Customs duty and specified Central Excise duty while excluding integrated tax and compensation cess, discontinuing composite rates, and providing only general AIRs (suffix 'B') with caps. Alternative AIRs for garment exports under Special Advance Authorization require suffix 'D'. Provisional drawback payments are to equal the applicable AIR and count toward further provisional authorisations. Brand rates fixed earlier do not apply for exports with let-export date on or after 1 October 2017 and fresh applications under Rule 6 or Rule 7 are required.
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