Grant of All Industry Rate of Drawback on export of Bicycles under Advance License Scheme- regarding

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....In the Drawback Table 2001-2002, All Industry Rates of Duty Drawback have been notified for 'Complete Bicycle ' under SS No. 87.52 and various parts of bicycle under SS No. 87.54 to 87.122. Also separate rates have been made available for bicycle tyres under SS No. 40.01 and bicycle tubes under SS Nos.40.02 and 40.03. These rates are, however, applicable to the normal exports. 2. A representatio....

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....e other country. EEPC has requested that in such cases, at least the duty drawback in respect of indigenous inputs can be made available to the exporters instead directing them to follow the brand rate route of drawback. 3. The issue has been examined in the Board. It has been observed that the all Industry Rate of Duty Drawback in respect of complete bicycle under SS No.87.52 of the Drawback Tab....

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....wback for a component or components which is/are either not supplied or is/are imported under DEEC Advance Licence Scheme, from the total drawback admissible to a complete bicycle. This dispensation will be easier to adminster and shall obviate the need of applying for a brand rate of duty drawback in such cases. 5. It is therefore clarified that field formations can be allow drawback to the expo....