TaxTMI Login
🎉 Festive Offer: Flat 15% off on all plans! →⚡ Don’t Miss Out: Limited-Time Offer →
TaxTMI 
Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Notifications
of of All Notifications
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>India Revises Duty Drawback Rates: Notification 07/2020-CUSTOMS Updates Export Tariffs and Procedures for Claiming Benefits.</h1> The Government of India, Ministry of Finance, issued Notification No. 07/2020-CUSTOMS (N.T.) on January 28, 2020, under the Customs Act, 1962, and the Central Excise Act, 1944. This notification supersedes the previous Notification No. 95/2018-Customs (N.T.) and revises the All Industry Rates of Duty Drawback. The notification aligns tariff items and descriptions with the Customs Tariff Act, 1975, and specifies conditions for classifying export goods, applying drawback rates, and exceptions. It details the rates of duty drawback for various goods, expressed as a percentage of the free on board value or per unit quantity, and outlines procedural requirements for claiming drawbacks.
TaxTMI 
