Revision of All Industry Rates (AIRs) of Duty Drawback

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....rs and the member of trade is invited to Board's Circular 52/2018 dated 12.12.2018 regarding revision of All Industry Rates (AIRs) of Duty Drawback. 2 Board vide above Circular, has drawn reference to the revised All Industry Rates (AIRs) of Duty Drawback notified vide notification No 95/2018- Customs (N.T.) dt 06.12.2018 which will come into force on 19.12.2018. The notification may be downloade....

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....n garments exports made against the Special Advance Authorization (para 4.04A of Foreign Trade Policy 2015-20) in discharge of export obligations in terms of Notification No. 45/2016- Customs dated 13.08.2016. For claiming these alternative AIRs, the relevant tariff item has to be suffixed with suffix 'D' instead of the usual suffix 'B'. (iii) The AIR of Duty Drawback for items of marine product....

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....IF) of imported inputs and FOB of export goods, change in import intensity of inputs, etc.; (iv) Rationalization of rates for some readymade garments (Chapters 61 & 62), articles of stones (Chapter 68), in iron and steel sector (Chapter 72, 73, 84 and articles in different Chapters) and for bicycles single speed with or without accessory (TI 871201) have been done on account of various reasons v....