Eligibility of All Industry Rate (AIR) of Drawback to goods exported under DFRC Scheme during 1.4.2000 to 31.5.2000-

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.... DFRC Scheme during 1.4.2000 to 31.5.2000-         In terms of the EXIM Policy 2000-2001 announced on 31.3.2000, Duty Free Replenishment Certificate (DFRC) Scheme had come into operation with effect from 1.4.2000 and exports made under it were, interalia, eligible for AIR of Drawback equivalent the Central Excise duty portion in respect of inputs imported and ....

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....om 1.6.2000 on account of revision of duty rates announced in 2000-2001 Budget. Since the DFRC Scheme had come into operation on 1.4.2000, while announcing the new AIR of Drawback, General Note 2(b) to the aforesaid notification was also suitably amended. The intention of the Government was however, to extend all benefits of DFRC Scheme for exports made under it after 1.4.2000. Simply because Gene....