All Industry Drawback Rates amendment expands advance licence coverage and replaces schedule entries, altering drawback applicability. The notification substitutes the first proviso to clause (b) of General Note 2 to include Advance Licences issued on or after 1st April, 1997 used to discharge export obligations under Notification No. 31/97-Customs, and directs substitution of entries in columns 2-6 of the drawback Table for the Serial/Sub serial numbers listed in column 1, replacing those entries with the Annexure entries.
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.
All Industry Drawback Rates amendment expands advance licence coverage and replaces schedule entries, altering drawback applicability.
The notification substitutes the first proviso to clause (b) of General Note 2 to include Advance Licences issued on or after 1st April, 1997 used to discharge export obligations under Notification No. 31/97-Customs, and directs substitution of entries in columns 2-6 of the drawback Table for the Serial/Sub serial numbers listed in column 1, replacing those entries with the Annexure entries.
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 
