Regarding All Industry Rates of Duty Drawback effective 21.09.2013

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.... notified the revised All Industry Rates (AIR) of Duty Drawback vide Notification No. 98/2013- Customs (N.T.), dated 14.09.2013. This notification comes into force on 21.09.2013. 2. Some of the broad aspects, from amongst the changes notified with respect to AIR of duty drawback and entries in the Schedule, are the following - (a) As in previous years, the drawback rates have been determined on the basis of certain broad average parameters including, inter alia, prevailing prices of inputs, standard input output norms, share of imports in input consumption, the applied rates of central excise and customs duties, the factoring of incidence of service tax paid on taxable services which are used as input services in the manufacturing or ....

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....nued along with rationalizing these rates. In general, these items shall see a reduction in the AIR, including some to the applicable residuary rate. In the case of certain electronic goods of chapter 84, 85 or 93, the residuary rate is being provided at 1% (customs). (f)  In the case of most tariff items with ad valorem all industry rates above 2%, the rates are being supplemented with drawback caps. (g) Separate tariff entries are being created for cotton bags, grey and dyed knitted fabrics of cotton, of MMF, of blend where cotton predominates and of blends where MMF predominates, grey and dyed cotton fabrics with lycra, women's/girls' tops, embroidered fabrics of MMF, imitation jewellery of glass, multi-speed complete bicycle ....