Drawback determination barred where export value is below imported materials value or a notified percentage. The Amendment inserts a provision that no drawback rate or amount shall be determined for goods if the export value of each such good in the bill of export or shipping bill is less than the value of the imported materials used in its manufacture, or is not more than such percentage of that imported-materials value as the Central Government may specify by notification; 'export value' is defined by reference to customs valuation provisions.
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 determination barred where export value is below imported materials value or a notified percentage.
The Amendment inserts a provision that no drawback rate or amount shall be determined for goods if the export value of each such good in the bill of export or shipping bill is less than the value of the imported materials used in its manufacture, or is not more than such percentage of that imported-materials value as the Central Government may specify by notification; "export value" is defined by reference to customs valuation provisions.
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