https://www.taxtmi.com/circulars?id=62034 All Industry Rates of Duty Drawback were revised effective 22.11.2014, retaining a determination methodology based on broad average parameters and adjusting residuary and ad valorem rates and caps. Tariff entries were rationalized and new specific entries created; many DEPB incorporated items saw reduced rates. For project exports with ARE I, a cap equal to the ad valorem rate applied to one and a half times the ARE I value must be recorded in Departmental Comments before Let Export Order. Claims under the AIR Schedule preclude Brand Rate fixation; exporters seeking Brand Rate must declare identifier "9801" in the shipping bill and apply separately to Central Excise. en-us Mon, 01 Dec 2014 00:00:00 +0530 Sat, 03 Aug 2019 15:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=62034 All Industry Rates of Duty Drawback were revised effective 22.11.2014, retaining a determination methodology based on broad average parameters and adjusting residuary and ad valorem rates and caps. Tariff entries were rationalized and new specific entries created; many DEPB incorporated items saw reduced rates. For project exports with ARE I, a cap equal to the ad valorem rate applied to one and a half times the ARE I value must be recorded in Departmental Comments before Let Export Order. Claims under the AIR Schedule preclude Brand Rate fixation; exporters seeking Brand Rate must declare identifier "9801" in the shipping bill and apply separately to Central Excise. Circulars Customs Mon, 01 Dec 2014 00:00:00 +0530 https://www.taxtmi.com/circulars?id=62034