Revision of All Industry Rates (AIRs) of Duty Drawback
X X X X Extracts X X X X
X X X X Extracts X X X X
....ICE NO. 159/2018 Sub: Revision of All Industry Rates (AIRs) of Duty Drawback- reg. Attention of the importers, exporters, custom brokers and all other stakeholders is invited to the Board Circular 52/2018-Cus dated 12.12.2018 regarding Revision of All Industry Rates (AIRs) of Duty Drawback. The Central Government has notified the revised All Industry Rates (AIRs) of Duty Drawback vide Notifi....
X X X X Extracts X X X X
X X X X Extracts X X X X
....tem (TI) 640609, the drawback serial no. should be declared as 640609B; (ii) The notification also specifies the alternative AIRs on garments exports made against the Special Advance Authorization (para 4.04A of Foreign Trade Policy 2015-20) in discharge of export obligations in terms of Notification No. 45/2016-Customs dated 13.08.2016. For claiming these alternative AIRs, the relevant t....
X X X X Extracts X X X X
X X X X Extracts X X X X
....n Bike (TIs 871202 & 871203) and sports goods (Chapter 95) have been increased on account of various factors such as change in duty structure, change in prices (CIF) of imported inputs and FOB of export goods, change in import intensity of inputs, etc. (iv) Rationalization of rates for some readymade garments (Chapters 61 & 62), articles of stones (Chapter 68), in iron and steel sector (C....
TaxTMI