The Customs and Central Excise Duties Drawback Rules, 2017 and All Industry Rates (AIRs) of Drawback related changes

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....xcise Duties Drawback Rules, 2017 and All Industry Rates (AIRs) of Drawback related changes. 2. The Central Government has notified the Customs and Central Excise Duties Drawback Rules, 2017 (hereinafter referred to as Drawback Rules 2017) vide Notification No. 88/2017-Customs (N.T.) dated 21.9.2017 to replace the Customs, Central Excise Duties and Service Tax Drawback Rules, 1995. These Rules takes effect from 1.10.2017. The Central Government has also revised All Industry Rates (AIRS) of Drawback vide Notification No. 89/2017-Customs (N.T.) dated 21.9,2017 which comes into force on 1.10.2017. The notifications may be downloaded from Board's website and carefully perused for details. Some of the important changes in the Rules and AIR ....

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....mbers 711301, 711302 and 711401, the requirement of declaration by exporter as per Circular 30/2016- Customs dated 24.6.2016 is no longer required w.e.f. 1.10.2017; (f) The notification also specifies the alternative AIRS on garment exports (items covered under Chapter 61 and 62) made against the Special Advance Authorization (para 4.04A of FTP 2015- 20) in discharge of export obligations in terms of Notification No. 45/2016-Customs dated 13.8.2016. These AIRS are provided in 'Table' in the said notification. For claiming these alternative AIRS, the relevant tariff item has to be suffixed with suffix 'D' instead of the usual suffix 'B'; (g) Para 3 of the Notification no. 89/2017-Customs (N.T.) dated 21.9.2017 spe....