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Changes in Drawback Rates {Amendments to Notification No. 29 dated 1st
June 2001 (NT)}
Custom Notification No. 19 dated 15th
March 2002 (N.T.)
In exercise of the powers conferred by
rule 3, read with rules 4 and 5 of the Customs and Central Excise Duties
Drawback Rules, 1995, the Central Government, being satisfied that it is
necessary in the public interest so to do, hereby makes the following further
amendments in the notification of the Government of India in the Ministry of
Finance (Department of Revenue) No. 29/2001 � Customs (N.T.), dated the 1st
June 2001, namely:
In the Table annexed to the said
notification, -
(i) in Chapter 50, for
Serial/ Sub-serial No. 50.01, and the entries relating thereto, the following
shall be substituted, namely:
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Serial/ Sub-Serial No.
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Description of the goods
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Rate of Drawback
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Allocation
Cus.C.
Ex.
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1.
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2.
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3.
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4.
5.
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�50.01
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Fabric made wholly or predominantly of
silk
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Rs. 10.00 (ten only) per square metre
of silk fabric content
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All Customs�
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(ii) in chapter 62, for Serial/ Sub
serial Nos. 62.24, 62.28 and 62.30 and the entries relating thereto, the
following Serial/ Sub-serial Nos. and the entries shall respectively be
inserted, namely:
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1.
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2.
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3.
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4.
5.
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62.24
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Natural silk high fashioned readymade
silk garments with embroidery.
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Rs. 350.00 (three hundred fifty only)
per kg. of silk fabric content
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All Customs
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62.28
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Handloom/ powerloom Lungies made of
silk, including lungies commonly known as Sungits.
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Rs. 10.00(ten only) per square metre of
silk fabric content
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All Customs
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62.30
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Made up articles produced out of fabric
made wholly or mainly of silk
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Rs. 350.00(three hundred fifty only)
per kg. of silk fabric content
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All Customs
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2. This notification shall
be deemed to have come into force on and from the 26th November
2001.
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