Drawback rate amendment replaces prior calculation for a specified serial, imposing a fixed f.o.b. percentage effective retroactively. The Central Government, invoking rules 3, 4 and 5 of the Customs and Central Excise Duties Drawback Rules, 1995, amends Notification No.31/99-Cus(NT) by substituting the entry in column 4 against Serial/Sub Serial No. 57.01 in the annexed Table with a drawback stated as a percentage of the f.o.b. value, effective from the end of December 1999.
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Drawback rate amendment replaces prior calculation for a specified serial, imposing a fixed f.o.b. percentage effective retroactively.
The Central Government, invoking rules 3, 4 and 5 of the Customs and Central Excise Duties Drawback Rules, 1995, amends Notification No.31/99-Cus(NT) by substituting the entry in column 4 against Serial/Sub Serial No. 57.01 in the annexed Table with a drawback stated as a percentage of the f.o.b. value, effective from the end of December 1999.
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