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Rationalisation of Brand Rate: Revised Simplified Procedure and Fixation of Risk Parameters

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.... : 27-10-2025 Standing Order 16/2025 Sub: Brand rate- Rationalisation of Revised- Simplified Procedure-fixation of Risk Parameters-Reg. ******** With a view to further rationalise and simplify the procedure for fixation of Brand Rate of drawback, CBIC has issued Circular No. 54/2016-Cus dated 22.11.2016. According to the said Circular, the requirement of submitting original duty paid d....