Duty Drawback - All Industry Rates of Drawback effective from 1.6.99-Instructions regarding

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....unced the new All Industry Rates of Drawback vide Notification No. 31/99-Customs (N.T.) dated 20.5.99. These rates will come into effect from 1.6.99. Till such time, the existing rates of drawback will continue to apply. A copy of the Press Note issued is enclosed highlighting the important changes made in the Drawback Table, which are as under. 1. Drawback rate has been fixed for a new item "Tea....

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....e consequent upon rationalisation of Central Excise duties in the recent Budget. 8. Maximum value cap has been imposed on 131 products including Bicycle & Bicycle Parts, Pen & Pen Parts, Ready Made Garments, Brass Artwares and Brass Builder Hardware, Leather Products, Perfumed Aggarbatis, etc. 9. To ensure smooth and accurate processing of drawback claimed in the EDI systems each rate has been a....