Drawback rate amendments revise export drawback allocations for specified textile tariff headings and modify eligibility and allocation rules. The Central Government amends Notification No. 22/97 Customs (N.T.) by substituting annexed table entries for specified Serial/Sub Serial numbers, revising drawback rates on an F.O.B. value basis and the allocation between Customs and Central Excise for designated textile and made up articles. The substitutions, effective from 1 January 1998, specify category wise drawback percentages, per piece maximums for certain garments, and treatment distinctions where Quantity Based Advance Licences or Modvat facility are involved.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Drawback rate amendments revise export drawback allocations for specified textile tariff headings and modify eligibility and allocation rules.
The Central Government amends Notification No. 22/97 Customs (N.T.) by substituting annexed table entries for specified Serial/Sub Serial numbers, revising drawback rates on an F.O.B. value basis and the allocation between Customs and Central Excise for designated textile and made up articles. The substitutions, effective from 1 January 1998, specify category wise drawback percentages, per piece maximums for certain garments, and treatment distinctions where Quantity Based Advance Licences or Modvat facility are involved.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
