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Advisory on Introduction of Special Advanced Authorisation Scheme

News and Press Release - Dated:- 31-8-2016 - Attention of Importers/Exporters/Trade/CBs is invited to CBEC Board Circular No.037/2016-Cus dt.13th August 2016 on introduction of Special Advanced Authorisation Scheme in combination with AIR drawback un .....

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rein. Further, Notification No. 110/2016-Customs (NT) dated 13th August, 2016 has been issued providing, subject to the specified conditions, the alternative All Industry Rates (AIRs) of drawback in the Drawback Schedule for the exports made against .....

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horisation would continue to be issued under scheme code 03 which may be used for import. The same scheme code may be used if the SB is to be used only against discharge of Advance Authorisation. However, to utilize in combination of other schemes su .....

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(045/2016), needs to declare export scheme code as 62 in their shipping bill. Advance Authorisation details may be entered in relevant DEEC table. The drawback declaration would be as follows: 4a. AIR Drawback Rate under scheme code 62: In drawback .....

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Provisional drawback on brand rate under scheme code 62: For exporters exercising option to claim Brand Rate of duty drawback in terms of rule 7 of the Drawback Rules 1995 with the Special Advance Authorization, the procedure in Annexure 1 with Circu .....

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