Amendment in Notification No. 131/2016 - Customs (N.T.), dated the 31st October, 2016 - Customs, Central Excise Duties and Service Tax Drawback Rules, 1995 - 73/2017 - Customs - Non Tariff

Drawback entitlement conditional on no input tax credit; exporters must declare and not carry forward Cenvat credit.

Applicability of the rates and caps of drawback is conditioned on exporter declarations and, where necessary, satisfaction of the Assistant Commissioner or Deputy Commissioner of Customs that no input tax credit under CGST or IGST has been or will be availed on the export product or its inputs or that no IGST refund will be claimed; exporters must also declare that they have not and will not carry forward any Cenvat credit under the Central Goods and Services Tax Act, 2017. The amendment has effect from 1 July 2017.