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of <h1>New Circular: Integrated Tax and Cess Now Included in Drawback for Re-exported Goods u/s 74 of Customs Act.</h1> The circular addresses the drawback of integrated tax and compensation cess paid on imported goods that are re-exported under Section 74 of the Customs Act, 1962. It highlights the inclusion of integrated tax and compensation cess in the drawback scheme under the GST regime, amending the definition of 'drawback' to encompass these taxes. To prevent dual benefits, exporters must obtain a certificate from the appropriate GST officer confirming no credit or refund has been claimed for the integrated tax or compensation cess paid. Existing instructions for drawback claims under Section 74 remain applicable.
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