Expansion of Duty Drawback Scheme - Regarding - Customs - D.O. No. 604(a)/4/2003-DBK

Letter D.O. No. 604(a)/4/2003-DBK Dated 7-1-2005 Government of India Ministry of Finance (Department of Revenue) Subject : Expansion of Duty Drawback Scheme - Regarding. As you are aware, an exercise is under way in the Ministry to expand the scope and coverage of Drawback Scheme by way of including more items in the existing Schedule, as also by providing duty neutralisation on all inputs that go into the manufacture of an export product. The drawback rates are worked out taking into account various parameters, including, inter alia, prices of inputs, the incidence of duty, input-output ratio, share of imports in total consumption etc. Therefore, as a first step, a comprehensive list of various inputs used in the manufacture of export products has been prepared by Ministry and the same is enclosed (Not printed). 2. In this connection, you are requested to kindly provide the information regarding production, imports and prices of inputs as per the Proforma enclosed (Not printed). The detailed list of inputs in respect of which such information is required, may be down loaded from CBEC's web site www.cbec.gov.in. Since the work is of time-bound nature, it is requested that the necessary data may be furnished by 20th January, 2005. It may be mentioned that in the meetings held in this regard, the Councils were requested to furnish the necessary data, but so far no response has been received from the Councils.