Drawback exception introduced for shipments, limiting automatic valuation where per shipment drawback exceeds a prescribed monetary threshold. The amendment adds an exception to rule 7A of the Customs and Central Excise Duties Drawback Rules, 1971 by inserting after the words 'value thereof' the phrase excluding cases where the amount of drawback per shipment exceeds rupees ten thousand, thereby creating a per shipment exception to the existing drawback valuation rule.
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 exception introduced for shipments, limiting automatic valuation where per shipment drawback exceeds a prescribed monetary threshold.
The amendment adds an exception to rule 7A of the Customs and Central Excise Duties Drawback Rules, 1971 by inserting after the words "value thereof" the phrase excluding cases where the amount of drawback per shipment exceeds rupees ten thousand, thereby creating a per shipment exception to the existing drawback valuation rule.
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