https://www.taxtmi.com/circulars?id=53100 Notification effective 22.11.2014 revises All Industry Rates of duty drawback, recalibrating ad valorem and composite rates, adjusting residuary rates and caps, rationalizing tariff entries and metric bases, and creating new six digit distinctions. A transitory reduction applies to items from the former DEPB scheme. Project exports accompanied by ARE 1 are capped at the ad valorem rate on one and a half times the ARE 1 value with ARE 1 to be recorded pre Let Export Order. Claims under AIR bar Brand Rate fixation; exporters seeking brand rates must declare identifier "9801" in the shipping bill and follow Central Excise procedures. Commissioners must exercise due diligence to prevent misuse. en-us Tue, 18 Nov 2014 00:00:00 +0530 Tue, 18 Nov 2014 18:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=53100 Notification effective 22.11.2014 revises All Industry Rates of duty drawback, recalibrating ad valorem and composite rates, adjusting residuary rates and caps, rationalizing tariff entries and metric bases, and creating new six digit distinctions. A transitory reduction applies to items from the former DEPB scheme. Project exports accompanied by ARE 1 are capped at the ad valorem rate on one and a half times the ARE 1 value with ARE 1 to be recorded pre Let Export Order. Claims under AIR bar Brand Rate fixation; exporters seeking brand rates must declare identifier "9801" in the shipping bill and follow Central Excise procedures. Commissioners must exercise due diligence to prevent misuse. Circulars Customs Tue, 18 Nov 2014 00:00:00 +0530 https://www.taxtmi.com/circulars?id=53100