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

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....PUBLIC NOTICE NO. 33/2017 Subject: The Customs and Central Excise Duties Drawback Rules, 2017 and all Industry Rates (AIRs) of Drawback related changes - regarding. Attention of all the Importers, Exporters, Customs Brokers, Steamer Agents Custodians/Customs Cargo Service Providers, Trade Associations/Chamer of Commerce, Members of the RAC/PGC and the public is invited to CBEC's Circular No. 38/....

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....s and AIR Schedule notification are highlighted below: (a) Definition of Drawback has been amended to provide for drawback of Customs and Central Excise duties excluding integrated tax leviable under sub-section (7) and compensation cess leviable under sub-section (9) respectively of section 3 of the Customs Tariff Act, 1975 chargeable on any imported materials or excisable materials used in the ....

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....Central Excise duty, etc. stand omitted. Thus, the declaration required to be given by an exporter for claiming composite rate of drawback w.e.f. 1.7.2017 as per Circular no. 32/2017-Custwns dated 27.7.2017 is no longer required w.e.f. 1.10.2017; (e) In case of AIR claim against tariff item numbers 711301, 711302 and 711401, the requirement of declaration by exporter as per Circular no. 30/2016-C....

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....orresponding to the export goods, if applicable, and subject to the same conditions as applicable to a claim for that component. The amount paid as provisional drawback under the above dispensation shall be taken into account by the Customs to authorize further provisional drawback, where necessary; (h) For fixation of Brand Rate, Circular no. 23/2017-Customs dated 30.6.2017 may be referred. The ....