| Date: |
12-06-2000
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| Notification No: |
Customs Circular No 54/2000
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| Issuing Authority: |
Indian Customs
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| Type: |
Circular
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| File No: |
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| Subject: |
Drawback - Clarification on silk carpets & synthetic carpets
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Drawback - Clarification on silk carpets & synthetic carpets
Circular No. 54 dated 12th June
2000
As a part of
rationalisation of All Industry Rate of Duty Drawback, the SS No. 57.01 in
Drawback Table, 1999-2000 relating to Floor Coverings, all sorts has been split
into three separate SS numbers in Drawback Table, 2000-2001.
2. SS
No. 57.01 is now applicable to Hand-knotted/ Hand-made Woollen Floor Coverings
only. The newly created SS No. 57.03 is applicable to Hand knotted/ Hand made
Silk Floor Coverings with a drawback rate of 12% of f.o.b. subject to maximum of
Rs. 625/ - per sq. metre while SS No. 57.04 is applicable to Hand-knotted/ Hand
made Synthetic Floor Coverings with a drawback rate of 10% of f.o.b. subject to
a maximum of Rs. 175/ - per sq. metre.
3. Silk
Floor Coverings now enjoy a higher drawback rate and higher drawback cap
compared to the Synthetic Floor Coverings. Therefore, it is possible that some
exporters may mis-declare the Synthetic Floor Coverings as Silk Floor Coverings
avail of higher drawback benefits, which would defeat the very purpose of
rationalisation. All the field formations concerned may, therefore, be advised
to observe utmost vigilance and care while processing the consignments or while
granting drawback to Silk Floor Coverings and ensure that no unintended benefits
accrue to the exporter.
4. This may be
brought to the notice of the staff concerned.
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