All-industry duty drawback rates updated, altering entitlement and application for exporters claiming drawback benefits. Revised All Industry Rates of Duty Drawback for 2007-2008 adjust drawback rates and caps across sectors to reflect duty incidence on inputs, input prices, inclusion of HSD/furnace oil and service tax on input services; most increases apply retrospectively while certain reductions apply prospectively. The Schedule adds new items, aligns four-digit HS nomenclature, and directs field formations to form cells to settle supplementary claims and to ensure exporters do not double-claim service tax refunds when availing all-industry drawback.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
All-industry duty drawback rates updated, altering entitlement and application for exporters claiming drawback benefits.
Revised All Industry Rates of Duty Drawback for 2007-2008 adjust drawback rates and caps across sectors to reflect duty incidence on inputs, input prices, inclusion of HSD/furnace oil and service tax on input services; most increases apply retrospectively while certain reductions apply prospectively. The Schedule adds new items, aligns four-digit HS nomenclature, and directs field formations to form cells to settle supplementary claims and to ensure exporters do not double-claim service tax refunds when availing all-industry drawback.
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