All Industry Rates of Duty Drawback, 2003-2004 -reg

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....All Industry Rates of Duty Drawback for the year 2003-2004 vide notification no.26/2003-Cus (N.T.) dated 1.4.2003. These rates shall come into effect from 7.4.2003. Thus the existing rates shall remain in force till 6.4.2003. 2. The salient features of the revised rates are as follows:- This year, drawback rate for Chassis of motor vehicles has been fixed vide SS No. 87.43 on the basis of da....

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..../synthetic materials. In respect of handloom textiles/made-ups, made of cotton, the duty drawback rates have not been changed owing to the retention of central excise duty on Cotton hank Yarn imposed last year. However, due to reduction in duty on man-made fibres, new entries have been created for handloom made-ups made of man-made fibres/fabrics with lower drawback rates. Due to reduction i....

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....the recommendations of the Kelkar Committee, relaxation has been provided in the exports of composite articles. The General Note 11 to the new Drawback Table shall enable the exporters to avail drawback on the strength of a declaration only. The field officers would be permitted to cause verifications in cases of doubt or information only. 3. In the wake of amendment in the Customs Act, the sup....