https://www.taxtmi.com/circulars?id=60439 Amendments revise the framework for Duty Drawback and the All Industry Rates (AIR) effective from 1 July 2017, allowing a limited transition during which exporters may claim composite AIRs or Brand rates subject to declarations and conditions that bar simultaneous availing of GST input tax credits or refunds and carrying forward of Cenvat credit; exporters may alternatively claim only the Customs portion of AIRs and avail GST credits or refunds. Changes to AIRs adjust rates, caps and tariff classifications for various textile, marine, leather and other items. Brand rate fixation and supplementary claims are transferred to Customs formations, with Central Excise formations continuing duties until new Customs commissionerates are notified. en-us Thu, 10 Aug 2017 00:00:00 +0530 Mon, 01 Apr 2019 13:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=60439 Amendments revise the framework for Duty Drawback and the All Industry Rates (AIR) effective from 1 July 2017, allowing a limited transition during which exporters may claim composite AIRs or Brand rates subject to declarations and conditions that bar simultaneous availing of GST input tax credits or refunds and carrying forward of Cenvat credit; exporters may alternatively claim only the Customs portion of AIRs and avail GST credits or refunds. Changes to AIRs adjust rates, caps and tariff classifications for various textile, marine, leather and other items. Brand rate fixation and supplementary claims are transferred to Customs formations, with Central Excise formations continuing duties until new Customs commissionerates are notified. Circulars Customs Thu, 10 Aug 2017 00:00:00 +0530 https://www.taxtmi.com/circulars?id=60439