The Central Government has notified the Schedule of revised All Industry Rates of Duty Drawback effective from 23rd November, 2015.

These revised rates are based on average incidence of Customs and Central Excise Duties and Service Tax related with the manufacture of export goods and involve substantial total drawback for exporters. Apart from the rate changes, many new items have been included to better differentiate export products with higher duty incidence and also to address classification issues. Brand rate route has been extended to wheat export. A provision has been made to pay provisional drawback to exporters soon after export in case of certain exports made under claim for brand rate of duty drawback.

To expeditiously address exporters’ concerns, if any, arising from the new Schedule of Rates, feedback from Export Promotion Councils shall be taken into account by an Expert Committee that shall make further recommendations in January 2016 to the Government.

Duty Drawback rates revised to reflect average duty incidence; brand rate extended to wheat with provisional post-export payments. Notification revises the All Industry Rates of Duty Drawback effective 23 November 2015 to reflect average Customs, Central Excise and Service Tax incidence; adds new items to address higher duty incidence and classification issues; extends the brand rate route to wheat and provides for provisional post-export payment for brand-rate claims; an Expert Committee will consider Export Promotion Council feedback and make further recommendations.