TMI BlogFactoring of duty incidence on HSD and furnace oil in Brand Rates and Special Brand Rates of Duty Drawback determined under Rule 6 and Rule 7 of the Customs & Central Excise Duties Drawback Rules, 1995 - RegardingX X X X Extracts X X X X X X X X Extracts X X X X ..... e (Department of Revenue) Central Board of Excise Customs, New Delhi Subject : Factoring of duty incidence on HSD and furnace oil in Brand Rates and Special Brand Rates of Duty Drawback determined under Rule 6 and Rule 7 of the Customs Central Excise Duties Drawback Rules, 1995 - Regarding. The undersigned is directed to invite your attention to the above mentioned subject and to ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tnote clarifies that inputs consumed in the production are inputs physically incorporated, energy, fuels, and oil used in the production process and catalysts which are consumed in the course of their use to obtain the exported product. From the above, it appears that the practice world over is to allow drawback of import charges levied on inputs (which include, energy, fuels and oil) that are con ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... r for generating power or directly as fuel, it should legitimately be considered as used in the manufacture of the final product. On the recommendation of the Committee, the incidence of duty on HSD/Furnace Oil has been factored in the calculation of the All Industry Rates of Duty Drawback, 2005-06. The Ministry has also issued a Circular [No. 22/2005-Cus. dated 2-5-2005 [2005 (183) E.L.T. T9] cla ..... X X X X Extracts X X X X X X X X Extracts X X X X
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