https://www.taxtmi.com/circulars?id=1240 Hand-knotted/hand-made floor coverings have been reclassified into separate entries for woollen, silk, and synthetic coverings with distinct drawback rates and maximum caps; silk coverings receive a higher rate and cap than synthetic coverings. Customs field formations are directed to exercise heightened vigilance when processing consignments and granting drawback to prevent misdeclaration of synthetic coverings as silk and to ensure correct classification and entitlement. en-us Mon, 12 Jun 2000 00:00:00 +0530 Tue, 15 Jul 2025 14:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=1240 Hand-knotted/hand-made floor coverings have been reclassified into separate entries for woollen, silk, and synthetic coverings with distinct drawback rates and maximum caps; silk coverings receive a higher rate and cap than synthetic coverings. Customs field formations are directed to exercise heightened vigilance when processing consignments and granting drawback to prevent misdeclaration of synthetic coverings as silk and to ensure correct classification and entitlement. Circulars Customs Mon, 12 Jun 2000 00:00:00 +0530 https://www.taxtmi.com/circulars?id=1240