Dbk Clarification Allowing Higher Rate Of Duty Drawback On Self Certification Amendment In Notification No. 131 2016 Customs N.t. Dated 31.10.2016 Relating To Airs Of Duty Drawback

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DBK- Clarification allowing higher Rate of Duty Drawback on Self Certification / Amendment in Notification no. 131/2016-Customs (N.T.) dated 31.10.2016 relating to AIRs of duty drawback

CHEMEXCIL
Basic Chemicals, Cosmetics & Dyes Export Promotion Council
(Set-up by Ministry of Commerce and Industry, Govt of India)

Jhansi Castle 4th Fl., 7 Cooperage Road, Mumbai - 400 001.India.

Tel : +91 22 22021288 / * Fax : +91 22 22026684 *

E-mail : info@chemexcil.gov.in Web : https://chemexcil.in

EPC/LIC/DBK

31st July 2017

TO ALL MEMBERS OF COUNCIL

Duty Drawback-

Clarification allowing higher Rate of Duty Drawback on Self Certification

Amendment in Notification no. 131/2016-Customs (N.T.) dated 31.10.2016 relating to AIRs of duty drawback

Dear Members,

This is in continuation of our earlier circular dated 4th July 2017 regarding Transitional provisions related to All Industry Rates of Duty Drawback and other Drawback related changes.

However, there have been concerns regarding applicability of Composite rate or customs portion of DBK, declaration certificate etc.

In this regard, CBEC has issued following Important circular/ Notifications regarding DBK:

32/2017

27-07-2017

F. No. 609/64/2017-DBK

Clarification regarding exports under claim for drawback in the GST scenario.

http://www.cbec.gov.in/resources//htdocs-cbec/customs/cs-circulars/cs-circulars-2017/circ32-2017cs.pdf

73/2017-Cus (NT),dt. 26.07.2017

Regarding amendment in Notification no. 131/2016-Customs (N.T.) dated 31.10.2016 relating to AIRs of duty drawback

http://cbec.gov.in/resources//htdocs-cbec/customs/cs-act/notifications/notfns-2017/cs-nt2017/csnt73-2017.pdf

Members are requested to take note of the above circular/ notifications related to DBK. For full text of the circular, please download using above links.

Thanking You,

Yours faithfully,

(S.G. BHARADI)
Executive Director
CHEMEXCIL

circ32 - 2017

csnt 73 - 2017

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