Incidence of National Calamity Contingent Duty (NCCD) for calculation of Brand Rate of duty drawback

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....ect: Incidence of National Calamity Contingent Duty (NCCD) for calculation of Brand Rate of duty drawback - reg. Kind attention of the importers, exporters, Customs Brokers and all other stakeholders is invited to Board's Instruction No. 5/202O-Cus dated 12.05.2020 on the above mentioned subject. 2. The Board vide Instruction No. 4/2019-Customs dated 11.10.2019 clarified the position regardi....

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.... Section 136 of Finance Act, 2001 as a duty of excise and under Section 134 of Finance Act, 2003 as a duty of customs. These legislations respectively inter-alia provide that provisions of Central Excise Act, 1944, Customs Act, 1962 and rules and regulations made thereunder including those relating to refunds, exemptions etc. shall apply to this levy. Section 75 of the Customs Ac\ 1962 allows draw....