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of <h1>New Drawback Rules 2017: Excludes Integrated Tax, Ends Composite Rates, Extends Committee Tenure, Updates Exporter Procedures.</h1> The Customs and Central Excise Duties Drawback Rules, 2017, effective from October 1, 2017, replace the 1995 rules, excluding integrated tax and compensation cess from the drawback definition. Input services and Service Tax references are removed, and composite rates are discontinued. Exporters need not declare for composite rates or certain AIR claims from October 1, 2017. Alternative AIRs for garment exports under Special Advance Authorization are specified. Provisional drawback payments and brand rate fixation procedures are outlined. The Drawback Committee's tenure is extended to address issues, and exporters are encouraged to submit representations for higher rates.
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