| Date: |
17-10-1997
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| Notification No: |
Customs Circular No 51/1997
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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 duty drawback on exports - Revision of All Industry Rates of Drawback
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|
Regarding duty drawback on exports - Revision of All Industry Rates of
Drawback
Circular No. 51 dated 17th October 1997
On the various
representations from Export Promotion Councils, the Government has decided to
restore the old rates of Drawback in respect of Knitwear�s, Garments and
Made-ups covered under Serial/ Sub-Serial Nos. 52.03, 60.02, 61.01, 61,02,
62.02, 62.11, 63.61, 63.09 and 63.11 of the Drawback Table 97-98 fixed vide
Ministry's Notification No. 22/ 97-Cus (NT) dated 30.5.97. These old rates of
Drawback have been restored w.e.f. 17.10.1997 vide Notification No. 53/97-Cus
(N.T) dated 17.10. 97, upto 31st December 1997 (copy enclosed).
Revised/ restored rates of Drawback effective from 17.10.1997 will remain in
force till 31.12.1997 and a separate notification providing for the
implementation of revised rates of drawback with effect from 1.1.1998, as fixed
vide Notification No. 39/97-Cus (NT) dated 10.9.1997, shall be issued separately
in due course.
2. With
the restoration of old rates of Drawback w.e.f. 17.10.97, there may be case
where the exporters are entitled for the higher rates of Drawback and would file
Supplementary claims for the export covered under the above-mentioned
Serial/sub-serial number. In such cases, the exporters may be allowed to file
their Supplementary claims of Drawback in accordance with the provisions of Rule
15 of the Customs and Central Excise Drawback Rules, 1995 (as amended).
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