Revision of All Industry Rates AIRs of Duty Drawback

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....orters/ Exporters/ Customs Brokers and the Members of the Trade bodies is invited to the Central Board of Excise and Customs, New Delhi (CBEC)'s Circular 52/2018-Customs dated 12.12.2018. 2. The Central Government has notified the revised All Industry Rates (AIRS) of Duty Drawback vide Notification No. 95/2018-Customs (N.T.) dated 6.12.2018 which will come into force on 19.12.2018. The notifi....

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....lso 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 suffix 'B' (iii) T....

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....ch 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 speed with or without accessory (TI 871....