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of <h1>India Amends Drawback Rules: Extends Time for Filing Claims, Delegates Authority, Introduces Extension Fees for Exporters.</h1> The Government of India has amended the Customs, Central Excise & Service Tax Drawback Rules, 1995, and the Re-Export of Imported Goods (Drawback of Customs Duties) Rules, 1995, to extend time limits for filing drawback claims and applications. These changes aim to facilitate trade by allowing exporters more time and flexibility in filing claims. The amendments delegate greater authority to field officers to grant extensions, removing the requirement for exporters to demonstrate sufficient cause for delays. A fee is introduced for extension applications, and the rules now allow for quicker processing of evidence for export proceeds realization. Public notices will guide the trade and staff on these changes.
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