Revision of All Industry Rates (AIRs) of Duty Drawback

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....es (AIRs) of Duty Drawback - Reg Attention of exporters 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 i....

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....9B; (ii) The notification also specifies the alternative AIRs on 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 ....

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....ccount of various factors such as change in duty structure, change in prices (CIF) 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 spee....