https://www.taxtmi.com/circulars?id=62554 All Industry Rates (AIR) for duty drawback and Drawback Rules amendments took effect on 15.11.2016; stakeholders must apply the revised Drawback Schedule and procedures when filing claims. The changes include new and composite AIRs, revised tariff descriptions, separate tariff lines for product differentiation, reduced residuary customs rates, and alignment of Drawback Schedule classification with the First Schedule to the Customs Tariff Act. Alternative AIR suffixes C/D for Special Advance Authorization garment exports, provisional drawback payment under Rule 7, and deletion of the previous minimum-threshold restriction in Rule 8 are prescribed, with procedures governed by specified circulars. en-us Tue, 22 Nov 2016 00:00:00 +0530 Sat, 21 Sep 2019 09:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=62554 All Industry Rates (AIR) for duty drawback and Drawback Rules amendments took effect on 15.11.2016; stakeholders must apply the revised Drawback Schedule and procedures when filing claims. The changes include new and composite AIRs, revised tariff descriptions, separate tariff lines for product differentiation, reduced residuary customs rates, and alignment of Drawback Schedule classification with the First Schedule to the Customs Tariff Act. Alternative AIR suffixes C/D for Special Advance Authorization garment exports, provisional drawback payment under Rule 7, and deletion of the previous minimum-threshold restriction in Rule 8 are prescribed, with procedures governed by specified circulars. Circulars Customs Tue, 22 Nov 2016 00:00:00 +0530 https://www.taxtmi.com/circulars?id=62554