TaxTMI 
TaxTMI 
Government notifies revised all industry rates of Duty Drawback and other Duty Drawback related changes effective from 23rd November, 2015
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....overnment notifies revised all industry rates of Duty Drawback and other Duty Drawback related changes effective from 23rd November, 2015 <br>News and Press Release<br>Dated:- 17-11-2015<br><BR>The Ce....
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....ntral Government has notified the Schedule of revised All Industry Rates of Duty Drawback effective from 23rd November, 2015. These revised rates are based on average incidence of Customs and Central....
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.... Excise Duties and Service Tax related with the manufacture of export goods and involve substantial total drawback for exporters. Apart from the rate changes, many new items have been included to bett....
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....er differentiate export products with higher duty incidence and also to address classification issues. Brand rate route has been extended to wheat export. A provision has been made to pay provisional ....
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....drawback to exporters soon after export in case of certain exports made under claim for brand rate of duty drawback. To expeditiously address exporters' concerns, if any, arising from the new Schedul....
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....e of Rates, feedback from Export Promotion Councils shall be taken into account by an Expert Committee that shall make further recommendations in January 2016 to the Government.<BR> News - Press relea....
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....se - PIB....