Drawback Brand Rate jurisdiction change shifts application processing to port-based commissionerates with transitional safeguards and filing cell. From 01.07.2017 applications for fixation of Drawback Brand Rate are to be filed with the Customs Commissionerate having jurisdiction over the port of export; Rule 6 and Rule 7 were amended by Notification No. 58/2017-cus (N.T). A Brand Rate Fixation cell is established at Hyderabad Customs headquarters to receive fresh and pending applications. The existing Duty Drawback scheme continues for a transition period until 30.09.2017, allowing composite rates subject to conditions that prevent simultaneous claiming of composite drawback and input tax credits or IGST refunds, and barring carry forward of CENVAT credit when composite rates are claimed.
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Drawback Brand Rate jurisdiction change shifts application processing to port-based commissionerates with transitional safeguards and filing cell.
From 01.07.2017 applications for fixation of Drawback Brand Rate are to be filed with the Customs Commissionerate having jurisdiction over the port of export; Rule 6 and Rule 7 were amended by Notification No. 58/2017-cus (N.T). A Brand Rate Fixation cell is established at Hyderabad Customs headquarters to receive fresh and pending applications. The existing Duty Drawback scheme continues for a transition period until 30.09.2017, allowing composite rates subject to conditions that prevent simultaneous claiming of composite drawback and input tax credits or IGST refunds, and barring carry forward of CENVAT credit when composite rates are claimed.
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