Drawback of Integrated Tax and Compensation Cess paid on imported goods upon re-export under Section 74 of the Customs Act, 1962

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....017 Subject: Drawback of Integrated Tax and Compensation Cess paid on imported goods upon re-export under Section 74 of the Customs Act, 1962. Attention of the Trade is invited to Board's Circular No. 21/2017- customs issued vide F. No. 609/54/2017-DBK dated 30.06.2017. 2. As you are aware, Section 74 of the Customs Act, 1962 provides for drawback of duties paid at time of importation....

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....toms duty, etc. 4. In this regard, the definition of "drawback" under Rule 2 (a) of the Re-export Rules, 1995 has been suitably amended to include refund of duty or tax or cess as referred in the CTA, 1975. Notification No. 57/2017-Customs (N.T.) dated 29.6.2017 may be referred in this regard. 5. In order to prevent dual benefit while sanctioning drawback under Section 74 of the Customs Act,....