Drawback of Integrated Tax and Compensation Cess paid on imported goods upon re-export under Section 74 of the Customs Act, 1962

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..... 27/2017/CCP/JMR Subject: Drawback of Integrated Tax and Compensation Cess paid on imported goods upon re-export under Section 74 of the Customs Act, 1962 Attention of all Importers, Customs Brokers, Members of the Trade and others is invited towards Board's Circular No. 21/2017-Customs dated 30.06.2017 As you may be aware, Section 74 of the Customs Act, 1962 provides for drawback of duties .....

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..... ess along with basic customs duty, etc. 3. In this regard, the definition of "drawback" under Rule 2 (a) of the Re-export Rules, 1995 has been suitably amended to include refund of duty or tax or cess as referred in the CTA, 1975. Notification No. 57/2017-Customs (N.T.) dated 29.6.2017 may be referred in this regard. 4. While applying for drawback under Section 74 of the Customs Act, 1 .....

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