TMI BlogThe Customs and Central Excise Duties Drawback Rules, 2017 and All Industry Rates (AIRs) of Drawback related changes -reg.X X X X Extracts X X X X X X X X Extracts X X X X ..... has notified the Customs and Central Excise Duties Drawback Rules, 2017 (hereinafter referred to as Drawback Rules 2017) vide Notification No. 88/2017-Customs (N.T.) dated 21.9.2017 to replace the Customs, Central Excise Duties and Service Tax Drawback Rules, 1995. These Rules takes effect from 1.10.2017. The Central Government has also revised All Industry Rates (AIRs) of Drawback vide Notification No. 89/2017-Customs (N.T.) dated 21.9.2017 which comes into force on 1.10.2017. The notifications may be downloaded from Board s website and carefully perused for details. Some of the important changes in the Rules and AIR Schedule notification are highlighted below (a) Definition of Drawback has been amended to provide for drawback o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ed 24.6.2016 is no longer required w.e.f. 1.10.2017; (f) The notification also specifies the alternative AIRs on garment exports (items covered under Chapter 61 and 62 ) made against the Special Advance Authorization ( para 4.04A of FTP 2015-20 ) in discharge of export obligations in terms of Notification No. 45/2016-Customs dated 13.8.2016 . These AIRs are provided in Table in the said notification. For claiming these alternative AIRs, the relevant tariff item has to be suffixed with suffix D instead of the usual suffix B ; (g) Para 3 of the Notification no. 89/2017-Customs (N.T.) dated 21.9.2017 specifies the amount for payment as provisional drawback by proper officer of Customs in terms of sub-rule (3) of Rule 7 of t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ing from mismatch of declarations made in the Item Details and the Drawback Details in a shipping bill. 4. With trade facilitation in view, tenure of the Drawback Committee constituted by the Central Government has been extended to 31.12.2017 to expeditiously look into issues arising from the changes made. Accordingly, exporters may immediately come forward with representations with supporting data and documents, if any, for higher rates than rates provided. 5. Suitable public notice and standing order should be issued for guidance of the trade and officers. Any inconsistency, error or difficulty faced should be intimated to the Board. The Commissioners may also inform, with appropriate data, the details of specific products where dra ..... X X X X Extracts X X X X X X X X Extracts X X X X
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