Drawback rates and eligibility clarified: procedural compliance and Cenvat status determine allowable export drawback. Determines export drawback rates and caps for listed tariff items aligned with the Customs Tariff First Schedule, specifying that rates are expressed ad valorem on free on board value or as unit rates, that totals differ depending on whether Cenvat has not been availed, and that procedural compliance and specified exclusions (bonded manufacture, preferential schemes, export oriented units and duty relief beneficiaries) govern admissibility; classification, definitions for textiles, leather and footwear, inclusion of packing, and composite article valuation by net content are prescribed.
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Drawback rates and eligibility clarified: procedural compliance and Cenvat status determine allowable export drawback.
Determines export drawback rates and caps for listed tariff items aligned with the Customs Tariff First Schedule, specifying that rates are expressed ad valorem on free on board value or as unit rates, that totals differ depending on whether Cenvat has not been availed, and that procedural compliance and specified exclusions (bonded manufacture, preferential schemes, export oriented units and duty relief beneficiaries) govern admissibility; classification, definitions for textiles, leather and footwear, inclusion of packing, and composite article valuation by net content are prescribed.
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