Extension of Brand Rate of Drawback Scheme to exports under DEPB scheme against DEPB-cum-Drawback shipping bills – regarding
X X X X Extracts X X X X
X X X X Extracts X X X X
....back shipping bills – regarding. Attention is invited to Board’s Circular Nos. 68/97-Cus. dated 2.12.97 and 39/99-Cus. dated 25.6.99 (both issued from F.No.606/145/97-DBK in terms of which facility of brand rate of Duty Drawback Scheme was extended to exports made under DEPB Scheme against DEPB-cum-Drawback shipping bills subject to conditions specified in the said two Circulars. 2. Certain....
X X X X Extracts X X X X
X X X X Extracts X X X X
....lls shall be allowed only in the following situations: (a) where the additional duty of customs has been paid in cash on inputs imported under DEPB Scheme used in export products & no MODVAT (CENVAT) has been availed for such additional duty paid; and (b) where excise duty is paid on indigenous inputs not specified in relevant SION, but used in export product and no MODVAT (CENVAT) has been avai....


TaxTMI