TaxTMI Login
🎉 Festive Offer: Flat 15% off on all plans! →⚡ Don’t Miss Out: Limited-Time Offer →
TaxTMI 
Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Circulars
of of All Circulars
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Clarification on Post-GST Duty Drawback: AIRS No Longer Applies; Brand Rate Based on Actual Unrefunded Duties.</h1> The circular clarifies the applicability of All Industry Rates (AIRS) of duty drawback for determining the Brand Rate of duty drawback in the post-GST era. Previously, AIRS applied to specific items like finished leather, bicycles, and bus bodies under pre-GST rules due to unrelieved duties on inputs. However, with GST subsuming Central Excise duty and Service Tax, and providing input tax credit/refunds, the basis for AIRS application no longer exists for exports in the GST regime. Exporters can now claim drawbacks on actual duties not refunded or neutralized under the 2017 Customs and Central Excise Duties Drawback Rules. Difficulties should be reported to the Commissioner of Customs in Chennai.
TaxTMI 
