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Validity of brand rate letters issued by the Ministry

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..... The existing practice in the Board is to restrict the validity of brand rate letter to 31st May every year, as the new Drawback Schedule normally comes into effect from 1st of June. Further extension is given up to 31st August or a case to case basis on written request made by the exporter. This was also laid down in Para 2.1 of Circular No. 21/94-Cus., dated 15-9-1994. 2. Request .....

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..... at effect by the exporters. 4. No further extension beyond total validity as laid down in preceding para shall be granted for any brand rate letter. 5. The provisions made in the preceding paras shall apply to requests and extension of time limit against brand rate letters issued subsequent to the issue of this Circular. 6. Extant instructions of the Board shall .....

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