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    <title>The Customs and Central Excise Duties Drawback Rules, 2017 and All Industry Rates (AIRS) of Drawback related changes</title>
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    <description>The notification implements Drawback Rules, 2017 and revises All Industry Rates effective 1 October 2017, narrowing drawback to Customs duty and specified Central Excise duty while excluding integrated tax and compensation cess, discontinuing composite rates, and providing only general AIRs (suffix &#039;B&#039;) with caps. Alternative AIRs for garment exports under Special Advance Authorization require suffix &#039;D&#039;. Provisional drawback payments are to equal the applicable AIR and count toward further provisional authorisations. Brand rates fixed earlier do not apply for exports with let-export date on or after 1 October 2017 and fresh applications under Rule 6 or Rule 7 are required.</description>
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    <pubDate>Thu, 29 Jun 2017 00:00:00 +0530</pubDate>
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      <description>The notification implements Drawback Rules, 2017 and revises All Industry Rates effective 1 October 2017, narrowing drawback to Customs duty and specified Central Excise duty while excluding integrated tax and compensation cess, discontinuing composite rates, and providing only general AIRs (suffix &#039;B&#039;) with caps. Alternative AIRs for garment exports under Special Advance Authorization require suffix &#039;D&#039;. Provisional drawback payments are to equal the applicable AIR and count toward further provisional authorisations. Brand rates fixed earlier do not apply for exports with let-export date on or after 1 October 2017 and fresh applications under Rule 6 or Rule 7 are required.</description>
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