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of <h1>Chapter 7 of Handbook of Procedures 2015-20 Amended: Key Changes to Brand Rate Fixation and Duty Drawback Rules.</h1> The Director General of Foreign Trade has amended Chapter 7 of the Handbook of Procedures 2015-20, effective from December 5, 2017. The amendment involves the deletion of the term 'basic custom' from paragraph 7.02. Additionally, changes in paragraph 7.06 pertain to the fixation of brand rates and the rate of duty drawback. Applications for brand rate fixation can be submitted where the All Industry Rate of Drawback is unavailable or insufficient. The notice clarifies that a refund of duty drawback on inputs is allowed at the All Industry Rate.
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