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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
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EPC/LIC/DRAWBACK/GST
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7th March 2017 |
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TO ALL THE MEMBERS OF COUNCIL
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Suggestions on All Industry rates of Duty
Drawback under GST Framework
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Dear Members,
As you are aware, Goods and Services Tax (GST) is likely to be implemented by 1st July 2017.
Kindly note that we have received communication from Shri Nitish K Sinha, Joint Secretary (DBK Division), Ministry of Finance, GOI informing us that to ensure smooth transition to GST framework, DBK committee is going to formulate and recommend revised AIR DBK on exports and any other relevant DBK like rebate to be implemented for exports in the context of new GST regime and/or remnant tax structure.
In this regard, Council has been advised to revert with suggestions by 15th March 2017. Members are therefore requested to revert with their suggestions by 11th March 2017 which will enable us collate the responses and forward to the Ministry for examination.
Your timely replies be sent to our e-mail id- Deepak.gupta@chemexcil.gov.in & balani.lic@chemexcil.gov.in
Thanking You,
Yours faithfully,
S.G. BHARADI
EXECUTIVE DIRECTOR
CHEMEXCIL
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