TaxTMI 
TaxTMI 
Regarding All Industry Rates of Duty Drawback, 2011-12.
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....rawback, 2011-12 - Reg. Sir/ Madam, The Ministry has announced the revised All Industry Rates (AIR) of Duty Drawback 2011-12 vide Notification No. 68 / 2011- Cus. (N.T.), dated 22.09.2011. The rates of duty drawback are effective from 01.10.2011. The Notification may please be downloaded from CBEC website www.cbec.gov.in and perused for details. 2. As in previous years, the drawback rates have been determined on the basis of certain broad parameters including, inter alia, the prevailing prices of inputs, Standard Input Output Norms (SION), share of imports in the total consumption of inputs, FOB value of export goods and the applied rates of duty. The incidence of duty....
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.... items which are already covered under the duty drawback schedule will suffer a minor reduction in the existing drawback rates. The reduction is mainly on account of the reduction in basic customs duty on crude petroleum as well as a reduction in central excise duty on diesel. 5. In respect of items covered under the DEPB Scheme, major exporters operating under the DEPB Scheme are mainly from the Engineering sector including the auto and auto component industry, Chemicals, Pharmaceuticals, Textiles and the marine sector. It has been decided to provide a smooth transition for items in these sectors while incorporating these in the drawback schedule. As a transitory arrangement, these i....
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....010- Customs(N.T.) in the light of the expression "when no Cenvat facility has been availed for the goods under export" being mentioned in the said para, . The doubt has apparently arisen because Para 15(i) ibid mentions the words "that no Cenvat facility has been availed for any of the inputs or input services used in the manufacture of the export product". It is hereby clarified that drawback is reimbursement of input duties suffered in the manufacture of export goods and as long as no Cenvat credit has been availed for any of the inputs or input services used in the manufacture of the export product, the composite rate of drawback is permissible on export of such goods. The expression "When Cenvat facility has not been availe....
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....e new description and there was a request for clarification. It is clarified that "ENA" is otherwise covered under the heading 2207 as ethyl alcohol and would cover all periods, including those prior to 20^th, September 2010. 11. Under the heading 8307, the description has been amended to provide drawback on flexible tubing whether or not coated with PVC. It is clarified that the rate under the heading 8307 is applicable to the flexible tubing whether or not coated with PVC, and the rate would be applicable even for past periods, prior to the amendment. 12. It was clarified vide circular no. 25/2007 dated 16^th July 2007, that drawback is to be allowed for articl....
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.... no longer be eligible for benefits under the DEPB scheme, it is likely that there may be a rush of DEPB export consignments before this date causing extra load on the EDI system. All Custom officers posted at ports under your jurisdiction may be directed to take due care and ensure that DEPB export consignments are accorded priority and processed/cleared expeditiously. Further, officers handling export assessment/examination with specific regard to DEPB Shipping Bills must ensure that the bills in the EDI queue are cleared expeditiously. If for any valid reason, the LEO cannot be given on the EDI on the said date, then the Commissioner of Customs may allow an endorsement of the LEO on the DEPB shipping bills manually. However, this m....