| Date: |
25-11-1999
|
| Notification No: |
Customs Circular No 80/1999
|
| Issuing Authority: |
Indian Customs
|
| Type: |
Circular
|
| File No: |
|
| Subject: |
Monthly statement showing the receipts, disposal and pendency of drawback claims
|
|
Monthly statement showing the receipts, disposal and pendency of drawback
claims
Circular No. 80 dated 25th
November 1999
In the
above-mentioned monthly statement, the field formations have been furnishing the
break-up of the pendency of duty drawback claims namely 1 to 3 months, over 3
months and over one year.
2. Section
75-A of the Customs Act and Rule 13 of the Customs and Central Excise Duties
Drawback Rules 1995 have been amended to reduce the period beyond which interest
is to be paid to the exporters from 3 months to 2 months. In the light of the
above amendment, it has been decided that the aforementioned monthly statement
may be amended to provide break-up of the pending drawback cases for the
following periods:-
(1) Below one
month.
(2) One to two
months.
(3) Over two
months; and
(4)
Over one year.
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