National Calamity Contingent Duty inclusion required in Brand Rate duty drawback calculation under customs law. Clarifies that the incidence of National Calamity Contingent Duty (NCCD) on inputs used in export manufacture must be factored into calculation of the Brand Rate of duty drawback; explains NCCD's levy as an excise and customs duty under the Finance Acts and that central excise and customs provisions (including refunds and exemptions) apply; notes Drawback Committee inclusion of NCCD in All Industry Rates and directs stakeholders to report implementation difficulties to the Deputy Commissioner (Technical).
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National Calamity Contingent Duty inclusion required in Brand Rate duty drawback calculation under customs law.
Clarifies that the incidence of National Calamity Contingent Duty (NCCD) on inputs used in export manufacture must be factored into calculation of the Brand Rate of duty drawback; explains NCCD's levy as an excise and customs duty under the Finance Acts and that central excise and customs provisions (including refunds and exemptions) apply; notes Drawback Committee inclusion of NCCD in All Industry Rates and directs stakeholders to report implementation difficulties to the Deputy Commissioner (Technical).
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