TMI BlogThe Customs and Central Excise Duties Drawback Rules, 2017 and All Industry Rates of Drawback (AIR) related changesX X X X Extracts X X X X X X X X Extracts X X X X ..... stoms and Central Excise Duties Drawback Rules, 2017 and All Industry Rates of Drawback (AIR) related changes -reg. Attention of the Importers, Exporters, Customs Brokers and the members of Trade is invited to the Board s Circular No. 38/2017 - Customs dated 22.09.2017 on the above subject. The Central Government has notified the Customs and Central Excise Duties Drawback Rules, 2017 (hereinaf ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... materials or excisable materials used in the manufacture of goods exported; (b) References to input services and Service Tax have been omitted; (c) As drawback is limited to incidence of duties of Customs on inputs used and remnant Central Excise Duty on specified petroleum products used for generation of captive power for manufacture or processing of export goods, only general AIRs under co ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... declaration by exporter as per Circular no. 30/2016-Customs dated 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. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ar No. 23/2017-Customs dated 30.6.2017 may be referred. The brand rate facilitation would continue and there should be no delay by Customs formations in finalizing applications for fixation of brand rate; (i) Where in respect of export product, nil rate or no rate of drawback is provided in AIR Schedule, an application for fixation of Brand Rate under Rule 7 of the Drawback Rules, 2017 shall no ..... X X X X Extracts X X X X X X X X Extracts X X X X
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