Pendency of Drawback claims due to non-receipt of Brand Rate Letters of Drawback under Rule 6 and Rule 7 of the Customs, Central Excise & Service Tax Duties Drawback Rules, 1995 from the Jurisdictional Central Excise authorities within time limit prescribed in Boards Circular No.14-Cus2003 dt.6.3.2003

Pendency of Drawback claims due to non-receipt of Brand Rate Letters of Drawback under Rule 6 and Rule 7 of the Customs, Central Excise & Service Tax Duties Drawback Rules, 1995 from the Jurisdictional Central Excise authorities within time limit prescribed in Boards Circular No.14-Cus2003 dt.6.3.2003 https://www.taxtmi.com/circulars?id=63031 Non receipt of brand rate letters has caused large pendency of drawback claims. Brand rate applications must be filed within 60 days of Let Export Order (extendable 30 days); verification by the Deputy Commissioner within 15 days; brand rates fixed within 10 days of verification and processed under prescribed approval limits. Supplementary claims must be filed within three months of brand rate communication (extendable nine months). Exporters are directed to obtain and submit brand rate letters and requisite documents or face processing of pending brand rate claims at zero rate, with the ability to file supplementary claims within the stipulated period. en-us Fri, 18 Dec 2009 00:00:00 +0530 Tue, 05 Nov 2019 15:48:00 +0530 TaxTMI RSS Generator Pendency of Drawback claims due to non-receipt of Brand Rate Letters of Drawback under Rule 6 and Rule 7 of the Customs, Central Excise & Service Tax Duties Drawback Rules, 1995 from the Jurisdictional Central Excise authorities within time limit prescribed in Boards Circular No.14-Cus2003 dt.6.3.2003 https://www.taxtmi.com/circulars?id=63031 Non receipt of brand rate letters has caused large pendency of drawback claims. Brand rate applications must be filed within 60 days of Let Export Order (extendable 30 days); verification by the Deputy Commissioner within 15 days; brand rates fixed within 10 days of verification and processed under prescribed approval limits. Supplementary claims must be filed within three months of brand rate communication (extendable nine months). Exporters are directed to obtain and submit brand rate letters and requisite documents or face processing of pending brand rate claims at zero rate, with the ability to file supplementary claims within the stipulated period. Circulars Customs Fri, 18 Dec 2009 00:00:00 +0530 https://www.taxtmi.com/circulars?id=63031