TMI BlogRevision of All Industry Rates (AIRs) of Duty DrawbackX X X X Extracts X X X X X X X X Extracts X X X X ..... awback - Reg Attention of exporters and the member of trade is invited to Board s Circular 52/2018 dated 12.12.2018 regarding revision of All Industry Rates (AIRs) of Duty Drawback. 2 Board vide above Circular, has drawn reference to the revised All Industry Rates (AIRs) of Duty Drawback notified vide notification No 95/2018- Customs (N.T.) dt 06.12.2018 which will come into force on 19.1 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ation also specifies the alternative AIRs on garments exports made against the Special Advance Authorization (para 4.04A of Foreign Trade Policy 2015-20) in discharge of export obligations in terms of Notification No. 45/2016- Customs dated 13.08.2016. For claiming these alternative AIRs, the relevant tariff item has to be suffixed with suffix D instead of the usual suffix B . (iii) The AIR ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... hange in duty structure, change in prices (CIF) of imported inputs and FOB of export goods, change in import intensity of inputs, etc.; (iv) Rationalization of rates for some readymade garments (Chapters 61 62), articles of stones (Chapter 68), in iron and steel sector (Chapter 72, 73, 84 and articles in different Chapters) and for bicycles single speed with or without accessory (TI 871201) h ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... es are notified. Accordingly, exporters may immediately come forward with representations with supporting data and documents, if any, for higher rates than rates provided. The representation may be submitted latest by 31.12.2018. 4. In view of the above, all exporters at Visakhapatnam Custom House are requested to follow the revised All Industry Rates (AIRs) of Duty Drawback as contained in the ..... X X X X Extracts X X X X X X X X Extracts X X X X
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