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DEPB - Brand Rate Fixation - No time limit for fixation

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..... or filing Brand Rate application under Rule 6 / 7 of Drawback Rules, 1995 - reg. Kindly refer to Ministry's Circular No. 69 /97- Customs dated 2nd December, 1997 - allowing payment of Drawback by way of fixation of Brand Rates on exports made under DEPB Scheme of those products which cannot avail MODVAT credit of the additional duty of customs (CVD) paid in cash on imported inputs, or excise du .....

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..... s) from the date of issue of Ministry's Circular No. 68/ 97- Customs dated 2.12.1997. An Exporter who desires to claim drawback under Brand Rate of Drawback is allowed condonation of delay for filing Brand Rate application, in relaxation of Rule 6 and 7 of the duties Drawback Rules, 1995, and shall be deemed to have been accorded permission by the Central Government under Rule 17 of 1995 rules. S .....

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