|
D.O.F.NO. 609/48/2008-DBK
18th March, 2008
P.K. MOHANTY
Joint Secretary (Drawback)
Tele fax 2334 1079
Dear Chairman/President,
Sub: All Industry Rates of Duty Drawback, 2008-09.
Under the Duty Drawback Scheme administered by this Department the duties (Customs & Central Excise) paid on inputs and service tax paid on input services used in the manufacture of export goods are refunded to the exporters in the form of drawback. The drawback rates are worked out and notified every year after taking into account the budgetary changes in the duty structure and other relevant facts.
- The exercise is underway in the Ministry to re-work and revise the rates of duty drawback.
- As you are aware, All Industry Rates of Duty Drawback are worked out by considering the consumption of input materials and the incidence of duties on these input materials. We would, therefore, request you to provide us with a comprehensive list of the various inputs which are used in the manufacture of exported products. A proforma in three parts is enclosed. I would like to emphasise that the consumption of input materials and incidence of tax, which is shown against the export of products must be relatable to the actual business activity of exports. Therefore, part of this proforma requires information on the actual cost incurred for making the exports and the sales realization on such exports. The third part of the proforma relates to the incidence of service tax on exports.
- Please ensure that data provided is as representative as possible. Further, as far as possible, data should be supported by relevant documents such as Bills of Entry, Shipping Bills, invoices etc.
- Since the work is time bound in nature, you are requested to kindly furnish all information in the prescribed proforma by 5th April, 2008. The information may also be sent by e-mail at [email protected].
2. Like the previous year, for formulation of All Industry Rates of Duty Drawback, 2008-09 the Government has constituted a three-member Committee consisting of Shri Saumitra Chaudhuri, Member, Economic Advisory Council to Prime Minister, Shri S.B. Mohapatra, Secretary to the Government of India (retired) and Shri T.R. Rustagi, Chief Commissioner of Customs & Central Excise (retired). Should you wish to make a presentation before the Committee, a time table may kindly be worked out and intimated in advance so that the same can be organized.
With regards,
Yours sincerely,
( P.K. Mohanty )
Encl: Proforma 1.1 Proforma 1.2 Proforma II PROFORMA II
PROFORMA 1.1
Data pertaining to October-December , 2007
Name of the Manufacturer/Exporter: .............................................................................................................................................................................
Name of item produced and exported : ………………………………………………………………………………………………………………
|
Inputs |
Unit |
Average Ex factory price |
Average Domestic purchase price |
Quantity of domestic material used |
Total Amount of Excise duties paid |
Average CIF price |
Quantity of Imported material used |
Total Amount of Customs duties paid |
Quantity of goods sold in domestic market |
Value realized (excluding terminal stage duties) |
Quantity of goods exported |
FOB value realized (Oct.-Dec.,2007) |
FOB Value realize Jan.-Feb.,2008. |
|
1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
9 |
10 |
11 |
12 |
13 |
14 |
|
. |
|
|
|
|
|
|
|
|
|
|
|
|
|
| . |
|
|
|
|
|
|
|
|
|
|
|
|
|
| . |
|
|
|
|
|
|
|
|
|
|
|
|
|
| . |
|
|
|
|
|
|
|
|
|
|
|
|
|
| . |
|
|
|
|
|
|
|
|
|
|
|
|
|
| . |
|
|
|
|
|
|
|
|
|
|
|
|
|
Note : 1. Customs duties to include Basic Customs duty, CVD, Cess and any other duties
Excise duty should include Cess.
2. To be completed by the individual manufacturers/exporters.
PROFORMA 1.2
Data pertaining to April-December , 2007
For each major item of final product
This should list all the principal material inputs, e.g. steel or other metals or input chemicals or
yarn or fabric etc. that go
into the manufacture of the said product. It will not include common utilities such as electricity,
fuel etc.
|
Inputs |
Unit |
Total Quantity of Import |
Total Quantity of domestic production |
Rate of import duty w.e.f. 01.03.2008 |
Rate of excise duty w.e.f. 01.03.2008 |
|
1 |
2 |
3 |
4 |
5 |
6 |
| . |
|
|
|
|
|
| . |
|
|
|
|
|
| . |
|
|
|
|
|
| . |
|
|
|
|
|
| . |
|
|
|
|
|
| . |
|
|
|
|
|
| . |
|
|
|
|
|
Note : 1. Customs duties to include Basic Customs duty, CVD, Cess and any other duties
Excise duty should include Cess etc.
2. To be completed by the Export Promotion Councils.
PROFORMA II
SUMMARY COST SHEET Rs. per/Unit output
(average for the most recent quarter [Oct to Dec 2007 or July to Sept 2007] of the current
financial year)
Company’s name :
Product name:
- Material cost
Item 1,2,3, ------- Provide the list of principal items of material cost
Sub-total --------
- Fuel, electricity, coal, coke etc. ……………
- Salaries, Wages &
Other overhead expenses (allocated/apportioned as is the costing practice adopted by
the unit for MIS, inventory valuation etc)………..
- Total cost of sales (as estimated as per the costing practice adopted by the unit for MIS,
inventory valuation etc.)…………………
- Domestic Sale price ………………….
- FOB realization………………………..
Note: This data should be provided for major items of export for a number of major companies,
being a representative sample.
PROFORMA III
SERVICE TAX
For Major Export Companies in Your Industry to be Provided Separately
For each Company
Period: April-December 2007-08
Company (Name) :
Products Exported :
Total Business Turnover (Income):
Total value of Sales :
Of which:-
(a) Domestic Sales :
(b) Export :
Total Service tax paid ( Rupees):
A. break-up of Total service Tax
Service Tax Paid
1)
2)
3)
B. Service Tax on services directly relatable to export- itemized, such as
export commission paid to foreign agents.
Service Tax Paid
1)
2)
3)
Sub Total : _________
To be certified by the Company Auditor
To,
|