https://www.taxtmi.com/circulars?id=11305 Revised All Industry Rates of Duty Drawback for 2011-12 are effective 1 October 2011 and incorporate DEPB items into the drawback schedule. Rates reflect input prices, SION, import share, FOB export values, applied duties, duty on HSD/Furnace Oil and service tax on input services; exporters must not claim duplicate refunds. Transitional modest reductions apply to DEPB items, no value cap where composite rate is 3% (with exceptions for wide price variation), and field formations must report classification doubts. Clarifications include Cenvat eligibility, specific tariff item rates, FIBC classification, and prioritised processing of DEPB consignments with LEO up to 30 September 2011. en-us Thu, 22 Sep 2011 00:00:00 +0530 Fri, 23 Sep 2011 11:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=11305 Revised All Industry Rates of Duty Drawback for 2011-12 are effective 1 October 2011 and incorporate DEPB items into the drawback schedule. Rates reflect input prices, SION, import share, FOB export values, applied duties, duty on HSD/Furnace Oil and service tax on input services; exporters must not claim duplicate refunds. Transitional modest reductions apply to DEPB items, no value cap where composite rate is 3% (with exceptions for wide price variation), and field formations must report classification doubts. Clarifications include Cenvat eligibility, specific tariff item rates, FIBC classification, and prioritised processing of DEPB consignments with LEO up to 30 September 2011. Circulars Customs Thu, 22 Sep 2011 00:00:00 +0530 https://www.taxtmi.com/circulars?id=11305