Drawback rate amendment: refund of duty-paid inputs allowed at All Industry Rate; brand-rate claims require formal application. Amendment of Chapter 7 removes the words 'basic custom' from paragraph 7.02 and revises paragraph 7.06 to require applications in the prescribed form with supporting documents to the RA or DC for fixation of brand rate; it clarifies brand rate claims where basic customs duty paid is relied upon. It reaffirms that drawback is normally payable at the All Industry Rate where no CENVAT credit was availed by the supplier, and permits applications for brand rate where the All Industry Rate is unavailable or is less than four fifths of duties actually paid on inputs; refund of drawback on duty paid on inputs is allowed on the All Industry Rate.
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Provisions expressly mentioned in the judgment/order text.
Drawback rate amendment: refund of duty-paid inputs allowed at All Industry Rate; brand-rate claims require formal application.
Amendment of Chapter 7 removes the words 'basic custom' from paragraph 7.02 and revises paragraph 7.06 to require applications in the prescribed form with supporting documents to the RA or DC for fixation of brand rate; it clarifies brand rate claims where basic customs duty paid is relied upon. It reaffirms that drawback is normally payable at the All Industry Rate where no CENVAT credit was availed by the supplier, and permits applications for brand rate where the All Industry Rate is unavailable or is less than four fifths of duties actually paid on inputs; refund of drawback on duty paid on inputs is allowed on the All Industry Rate.
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