TaxTMI 
TaxTMI 
TaxTMI 
refund has been filed for refund of drawback for the customs duty portion which falls under column b of the drawback schedule. where can i get the schedule for drawback for the year 2016 for machineries and the applicable case laws that we can claim the drawback at reduced rate in case of availement of credit .
drawback schedule customs portion
Richa Goyal
Drawback entitlement reduced-rate claim guidance; consult relevant circulars and notification for schedule and credit adjustment rules. Entitlement to drawback for the customs duty component depends on the applicable drawback schedule and whether input credit was availed, which can require payment at a reduced drawback rate; resolution requires consulting the notified schedule and the administrative circular and notification identified as the operative guidance for rates and procedure. (AI Summary)
