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Revision of All Industry Rates AIRs of Duty Drawback

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..... regarding. Attention of all Importers/ Exporters/ Customs Brokers and the Members of the Trade bodies is invited to the Central Board of Excise and Customs, New Delhi (CBEC)'s Circular 52/2018-Customs dated 12.12.2018. 2. The Central Government has notified the revised All Industry Rates (AIRS) of Duty Drawback vide Notification No. 95/2018-Customs (N.T.) dated 6.12.2018 which will co .....

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..... ed as 640609B; (ii) The notification 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 .....

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..... increased on account of various factors such as change 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 sin .....

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..... of representations received after the revised rates 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. 3. Any inconsistency, error or difficulty faced should be intimated to the Board. 4. The contents of this Public No .....

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