Further rationalization of revised simplified procedure for fixation of brand rates

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....ioners/ Directors General Principal Commissioners/Commissioners, all under CBEC Madam/Sir, Subject: Further rationalization of revised simplified procedure for fixation of brand rates It has been brought to notice of Board that the requirement of original duty paying documents furnished with reference to the claim of drawback being endorsed (defaced) by the verifying officer with the extent ....

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....submitted by applicant with brand rate fixation claim) showing the drawback amount, each document wise, in support of claim, shall bear - (i) a declaration signed by applicant "It is declared that the details in this working sheet are correct and original duty paid documents shown herein have been endorsed/defaced to the extent of utilization under this brand rate fixation claim", and ....

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....ispensed except to the extent of random cross-verification of not more than 5 per cent originals of the self-attested copies of the total duty paid documents, The random selection shall be based on dynamic and relevant risk parameters as indicated by the Commissioner; (II) with respect to existing applications under the revised simplified brand rate scheme where brand rate letter is not yet issue....