Subscription   Feedback   New User   Login      
Tax Management India .com
TMI - Tax Management India. Com
Forum Articles Highlights TMI Notes SMS News Newsletters Calendar Imp. Links Database More...
Duty Drawback Rates
 
Duty Drawback Rates for the period:
 
Rates of Duty Drawback From 15-11-2016 onwards
See:- Related Rules - Related Notification - Related Circular
 
Ch. No. Title
Ch. 01 Live animals
 
Ch. 02 Meat and edible meat offal
 
Ch. 03 Fish and crustaceans, molluscs and other aquatic invertebrates
 
Ch. 04 Dairy produce; birds’ eggs; natural honey; edible products of animal
 
Ch. 05 Products of animal origin, not elsewhere specified or included
 
Ch. 06 Live trees and other plants ; bulbs, roots and the like ; cut flowers and ornamental foliage
 
Ch. 07 Edible vegetables and certain roots and tubers
 
Ch. 08 Edible fruit and nuts; peel of citrus fruit or melons
 
Ch. 09 Coffee, tea, mate and spices
 
Ch. 10 Cereals
 
Ch. 11 Products of the milling industry; malt; starches; inulin; wheat gluten
 
Ch. 12 Oil seeds and oleaginous fruits, miscellaneous grains, seeds and fruit; industrial or medicinal plants; straw and fodder
 
Ch. 13 Lac; gums, resins and other vegetable saps and extracts
 
Ch. 14 Vegetable plaiting materials; vegetable products not elsewhere specified or included
 
Ch. 15 Animal or vegetable fats and oils and their cleavage products; prepared edible fats; animal or vegetable waxes
 
Ch. 16 Preparations of meat, of fish or of crustaceans, mollusks or other aquatic invertebrates
 
Ch. 17 Sugars and sugar confectionery
 
Ch. 18 Cocoa and cocoa preparations
 
Ch. 19 Preparations of cereals, flour, starch or milk; pastrycooks’ products
 
Ch. 20 Preparations of vegetables, fruit, nuts or other parts of plants
 
Ch. 21 Miscellaneous edible preparations
 
Ch. 22 Beverages, spirits and vinegar
 
Ch. 23 Residues and waste from the food industries; prepared animal fodder
 
Ch. 24 Tobacco and manufactured tobacco substitutes
 
Ch. 25 Salt; sulphur; earths and stone; plastering materials, lime and cement
 
Ch. 26 Ores, slag and ash
 
Ch. 27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
 
Ch. 28 Inorganic chemicals, organic or inorganic compounds of precious metals, of rare-earth metals, of radioactive elements or of isotopes
 
Ch. 29 Organic chemicals
 
Ch. 30 Pharmaceutical products
 
Ch. 31 Fertilisers
 
Ch. 32 Tanning or dyeing extracts; tannins and their derivatives; dyes, pigments and other colouring matter; paints and varnishes; putty and other mastics; inks
 
Ch. 33 Essential oils and resinoids, perfumery, cosmetic or toilet preparations
 
Ch. 34 Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial waxes, prepared waxes, polishing or scouring preparations, candles and similar articles, modelling pastes, “dental waxes” and dental preparations with a basis of plaster
 
Ch. 35 Albuminoidal substances; modified starches; glues; enzymes
 
Ch. 36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations
 
Ch. 37 Photographic or cinematographic goods
 
Ch. 38 Miscellaneous chemical products
 
Ch. 39 Plastics and articles thereof
 
Ch. 40 Rubber and articles thereof
 
Ch. 41 Raw hides and skins (other than furskins) and leather
 
Ch. 42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut)
 
Ch. 43 Furskins and artificial fur; manufactures thereof
 
Ch. 44 Wood and articles of wood; wood charcoal
 
Ch. 45 Cork and articles of cork
 
Ch. 46 Manufactures of straw, of esparto or of other plaiting materials; basketware and wickerwork
 
Ch. 47 Pulp of wood or of other fibrous cellulosic material; recovered (waste and scrap) paper or paperboard
 
Ch. 48 Paper and paperboard; articles of paper pulp of paper or of paperboard
 
Ch. 49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans
 
Ch. 50 Silk
 
Ch. 51 Wool, fine or coarse animal hair; horsehair yarn and woven fabric
 
Ch. 52 Cotton
 
Ch. 53 Other vegetable textile fibres; paper yarn and woven fabrics of paper yarn
 
Ch. 54 Man-made filaments; strip and the like of Man-made textile materials
 
Ch. 55 Man-made staple fibres
 
Ch. 56 Wadding, felt and nonwovens; special yarns; twine, cordage, ropes and cables and articles thereof
 
Ch. 57 Carpets and other textile floor coverings
 
Ch. 58 Special woven fabrics; tufted textile fabrics; lace; tapestries; trimmings; embroidery
 
Ch. 59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use
 
Ch. 60 Knitted or crocheted fabrics
 
Ch. 61 Articles of apparel and clothing accessories, knitted or crocheted
 
Ch. 62 Articles of apparel and clothing accessories, not knitted or crocheted
 
Ch. 63 Other made up textile articles; sets; worn clothing and worn textile articles; rags
 
Ch. 64 Footwear, gaiters and the like; parts of such articles
 
Ch. 65 Headgear and parts thereof
 
Ch. 66 Umbrellas, sun umbrellas, walking-sticks, seat-sticks, whips, riding-crops and parts thereof
 
Ch. 67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair
 
Ch. 68 Articles of stone, plaster, cement, asbestos, mica or similar materials
 
Ch. 69 Ceramic products
 
Ch. 70 Glass and glassware
 
Ch. 71 Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal, and articles thereof; imitation jewellery; coin
 
Ch. 72 Iron and steel
 
Ch. 73 Articles of iron or steel
 
Ch. 74 Copper and articles thereof
 
Ch. 75 Nickel and articles thereof
 
Ch. 76 Aluminium and articles thereof
 
Ch. 77 Blank
 
Ch. 78 Lead and articles thereof
 
Ch. 79 Zinc and articles thereof
 
Ch. 80 Tin and articles thereof
 
Ch. 81 Other base metals; cermets; articles thereof
 
Ch. 82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal
 
Ch. 83 Miscellaneous articles of base metal
 
Ch. 84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
 
Ch. 85 Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles
 
Ch. 86 Railway or tramway locomotives, rolling-stock and parts thereof; railway or tramway track fixtures and fittings and parts thereof; mechanical (including electro-mechanical) traffic signalling equipment of all kinds
 
Ch. 87 Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof
 
Ch. 88 Aircraft, spacecraft, and parts thereof
 
Ch. 89 Ships, boats and floating structures
 
Ch. 90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof
 
Ch. 91 Clocks and watches and parts thereof
 
Ch. 92 Musical instruments; parts and accessories of such articles
 
Ch. 93 Arms and ammunition; parts and accessories thereof
 
Ch. 94 Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishing; lamps and lighting fittings, not elsewhere specified or included; illuminated signs, illuminated name-plates and the like; prefabricated building
 
Ch. 95 Toys, games and sports requisites; parts and accessories thereof
 
Ch. 96 Miscellaneous manufactured articles
 
Ch. 97 Works of art, collectors' pieces and antiques
 
 
 
   
 
   
what is new what is new
  ↓     Latest Happenings     ↓  

Highlight: Notification regarding GST rate for branded cereal, pulses and flour

News: Notification regarding GST rate for branded cereal, pulses and flour

Highlight: Anti-dumping duty on import of bus/truck tyres from China

Highlight: Cabinet approves Extension of time period of the Scheme "Special Industry Initiative for J&K" (Sll J&K) - Udaan

Highlight: Non-payment of service tax - maintenance and repair charges - appellants had knowingly and deliberately shown the repair charges as job work charges to mislead about their taxability - demand confirmed.

Highlight: BAS - execution of the project of smart card for vehicle registration – implementing the SOC-VRC project - The fact that the Government has outsourced some part of the work and paid certain consideration for such outsourced work, does not make the activity subject to service tax.

Forum: Input tax credit

Forum: Cess paid instead of SGST

Forum: Excise duty credit on finished stock at additional place of business.

Circular: Amendments in Hand Book of Procedures 2015-20 –reg.

News: Cabinet approves Extension of time period of the Scheme "Special Industry Initiative for J&K" (Sll J&K) - Udaan

Highlight: Constitution of National Anti-profiteering Authority (NAA) under GST-reg. - Trade Notice

Highlight: Amendments in Hand Book of Procedures 2015-20 –reg. - Various amendments are made in Chapter-4 of Hand Book of Procedures 2015-2020.

Forum: GST rates on mobile recharge business

Circular: Constitution of National Anti-profiteering Authority (NAA) under GST-reg.

Forum: import purchase

Highlight: Sharing of expenses - BAS - promotion of business of group companies - sharing of expenditure for common facilities cannot be treated as service by one to another in such arrangement.

News: RBI Reference Rate for US $

Forum: 3B mistake

Article: Credit of unsold stock [Section 140(3)] - Actual Credit as well as Notional Credit - Part-I - GST Transitional provisions

Circular: Certain Clarifications sought on Construction Services provided in the Real Estate Sector – reg.

News: Anti-dumping duty on import of bus/truck tyres from China

News: Fast-track GST refund, else ₹ 65K cr may be stuck: Exporters

Highlight: It is open to the Settlement Commission to use best judgment in arrival of the figure. Nonetheless it has to explain the manner in which the best judgment figure has been arrived at by the Settlement Commission - HC

Highlight: Deemed dividend u/s 2(22)(e) - advances given to societies - in the absence of legal right of the assessee in the said society the amount advanced cannot be treated as deemed income.

Highlight: When electrical installations are treated as plant and machinery the depreciation has to be allowed @ 25% as per provisions contained u/s 32

TMI Note: Capital Gain - transfer of right in the land or transfer of land itself - addition u/s 50C - Harassment to the honest tax payers

Highlight: Option to avail composition scheme under GST by electronically filing an intimation in FORM GST CMP-02 and FORM GST ITC-03 upto 30-9-2017 - See Rule 3(3A)

TMI Note: Does ICDS apply for the purposes of computing exemption u/s 11 to 13.

Highlight: Voluntary Reporting of Estimated Current Income and Advance Tax Liability - CBDT issues draft notification

TMI Note: Certain ICDS provisions are inconsistent with judicial precedents. Whether these judicial precedents would prevail over ICDS.

Highlight: Provisions of ICDS shall prevail w.e.f. AY 2017-18 to the transactional issues dealt therein over earlier judicial pronouncements.

Notification: Levy of anti dumping duty on New/unused pneumatic radial tyres with or without tubes and/or flap of rubber (including tubeless tyres) having normal rim dia code above 16 originating in, or exported from China PR

News: Voluntary Reporting of Estimated Current Income and Advance Tax Liability

TMI Note: In case of conflict between ICDS and other specific provisions of the Income-tax rules, 1962 governing taxation of income like rules 9A, 9B etc. of the Rules, which provisions shall prevail.

TMI Note: Does ICDS apply to computation of Minimum Alternate Tax (MAT) u/s 115JB of the Act or Alternate Minimum Tax (AMT) u/s 115JC of the Act.

TMI Note: Where a term has not been defined under ICDS, nor under the Act, but has different interpretations given to it by the courts in tax cases, and in ICAI Accounting Standards, which interpretation would prevail while interpreting ICDS.

TMI Note: Whether the provisions of ICDS apply to a non-resident who claims the benefit of a double taxation avoidance agreement (DTAA).

TMI Note: In case any of the ICDS provisions is contrary to a circular or press release issued by the CBDT, which would prevail over the other.

TMI Note: ICDS-I requires disclosure of significant accounting policies and other ICDS requires specific disclosures. Where is the taxpayer required to make such disclosures specified in ICDS.

Notification: Income Computation and Disclosure Standards (ICDS) - New ICDS to be effective from AY 2017-18

News: RBI Reference Rate for US $

Highlight: GST - Detention of goods under transport - discrepancy in documents - the statutory provisions provide a mechanism for adjudication following detention of goods including for the provisional release thereof pending adjudication - HC

Highlight: Reassessment - first few paragraphs of the assessment order dealt with objections and disposed of accordingly - Unfortunately, the manner in which the AO has decided the issue is wholly unsustainable in law - HC

Highlight: Business expenditure u/s 37 - liquidated damage - breach of contract terms - Expenditure was not incurred for any purpose which is an offence or which is prohibited by law - cannot be disallowed - HC

Highlight: Valuation - inclusion of reimbursement of expenses - managing participation of clients in certain mela, fairs, promotional activities etc. - They are liable to service tax on the gross amount received - They cannot restrict their tax liability to only agency commission

Highlight: TDS liability - ITAT confirmed the liability - We do not see how it is possible for us to uphold the order of the Tribunal and when it purports to decide two Appeals of the Revenue by single paragraph conclusion - HC

Highlight: Reopening of assessment - sufficiency of material available with the AO to form a belief that income chargeable to tax had escaped assessment - bogus purchases - seller refused to respond - notice would not be interfered with - HC

Highlight: Exemption u/s 11 - education activities - transport and hostel facilities surplus cannot be considered as business income of the assessee society

News: Draft Notification for insertion of new rule 39A in the Income-tax Rules, 1962 – comments and suggestions-reg.



|| Home || Acts and Rules || Notifications || Circulars || Schedules || Tariff || Forms || Case Laws || Manuals ||

|| About us || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members || Site Map ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.

Go to Mobile Version