| Date: |
04-10-2001
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| Notification No: |
Customs Circular No 52/2001
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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: |
Regarding All Industry Rates of Drawback, 2001-2002 - Amendment
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Regarding All Industry Rates of Drawback, 2001-2002 - Amendment
Circular No. 52 dated 4th October 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 notification No. 30/2001-Cus (N.T.) dated 22.6.2001.
2. A large number of
representations have however, been received from various Export Promotion
Councils pleading that the rates and caps are quite 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. 50/2001-Cus (N.T.), dated 4th October, 2001. These
rates shall be effective from 4th October, 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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