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The benefit of duty drawback has been withdrawn on the following goods:
1. RICE - heading no. 1006
2. CEMENT - heading no. 2523
3. Iron and Steel - Chapter 72
Central Government has issued a notification no. Notification No. 64/2008-CUSTOMS (N.T.) dated 29-5-2008 to deny duty drawback (of Customs Duty, Central Excise Duty and Service Tax) on above items. Consequently, Customs, Central Excise Duties and Service Tax Drawback Rules, 1995 has been amended.
Duty drawback withdrawal: no drawback entitlement for rice, cement, iron and steel under amended customs rules. Withdrawal of duty drawback for RICE (heading 1006), CEMENT (heading 2523) and IRON AND STEEL (Chapter 72) pursuant to Notification No. 64/2008-CUSTOMS (N.T.) dated 29-5-2008; drawback of Customs Duty, Central Excise Duty and Service Tax denied and the Drawback Rules, 1995 amended accordingly.Press 'Enter' after typing page number.