| Date: |
26-11-2001
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| Notification No: |
Customs Circular No 68/2001
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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: |
Amendment regarding All Industry Rates of Drawback, 2001-2002
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Amendment regarding All Industry Rates of Drawback, 2001-2002
Circular No. 68 dated 26th
November 2001
All Industry Rates of Drawback,
2001-2002, were notified vide notification No. 29/2001-Cus. (N.T.) dated
1.6.2001, and amended vide notifications No. 30/2001-Cus (N.T.) dated 22.6.2001
and 50/2001-Cus (N.T.) dated 4.10.2001.
2. Some
representations have, however, been received from various Export Promotion
Councils pleading that the rates and caps are low. After examining these
representations and fresh data submitted by the Councils, the Government have
revised drawback rates and caps in respect of different categories of products
appearing in Drawback Schedule, 2001-2002. The revised rates have been notified
vide Notification No. 60/2001-Cus(N.T), dated 26th November, 2001. These rates
shall be effective from 26th November 2001.
3. Suitable public
notice for information of the trade and standing orders for guidance of the
staff may kindly be issued accordingly.
4. The receipt of
this Circular may kindly be acknowledged.
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