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

Circular No.ES/95/2016-17                                                                             July 01, 2017  

To: Members of the Council

Sub: Amendment in Notification No. 131/2016-Customs (N.T.) dated 31.10.2016 relating to All Industry Rates (AIRs) of duty drawback

Dear Sir,

The Government has issued Notification No. 59/2017- Customs (NT) dated 29.06.2017 by making amendments in Notification No. 131/2016-Customs (N.T.) dated 31.10.2016 relating to All Industry Rates (AIRs) of duty drawback. The relevant extract of the Notification showing the amendments/substitution in the “Drawback Caps and rates” are given here-below :

 

 

 

A

B

 

 

 

Drawback when Cenvat facility has not been availed  

Drawback when Cenvat facility has been availed  

Tariff Item

Description of goods

Unit

Drawback Rate (%)

Drawback cap per unit in Rs.

Drawback Rate (%)

Drawback cap per unit in Rs.

1

2

3

4

5

6

7

540701

Woven fabrics containing 85%

or more by weight of Synthetic

Filament Yarn (Grey)

Kg

7.5

32

1.5

6.4

Substituted

66

 

13.2

540702

Woven fabrics containing 85%

or more by weight of Synthetic

Filament Yarn (Dyed)

Kg

8.2

50

1.8

11

Substituted

72

 

15.8

540703

Woven fabrics containing 85%

or more by weight of Man-made

Filament Yarn and Man-made

Staple Fibre (Grey)

Kg

7.7

37

1.5

7.2

Substituted

57

 

11.1

540704

Woven fabrics containing 85%

or more by weight of Man-made

Filament Yarn and Man-made Staple Fibre (Dyed)

Kg

8.4

50

1.8

10.7

Substituted

60

 

12.9

550905

Other yarn, mixed mainly or solely with Wool or fine animal hair (Grey)

Kg

8.4

32

1.5

5.7

Substituted

72

 

12.9

550906

Other yarn, mixed mainly or solely with Wool or fine animal hair (Dyed)

Kg

9.3

40

2

8.6

Substituted

79

 

17

560802

Made up fishing nets of other

man-made textile material

Kg

9.6

56

2.5

14.6

Substituted

11

64

2.8

16

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Further, amendments are made in Re-export of Imported Goods (Drawback of Customs Duties) Rules, 1995 and in the Customs, Central Excise Duties and Service Tax Drawback Rules, 1995

With regard to the above, please find herewith the following:

Notification No. 57/2017-Cus (NT), dt. 29.06.2017

Regarding amendment in Re-export of Imported Goods (Drawback of Customs Duties) Rules, 1995

Notification No. 58/2017-Cus (NT), dt. 29.06.2017

Amendment in the Customs, Central Excise Duties and Service Tax Drawback Rules, 1995

Notification No. 59/2017-Cus (NT), dt. 29.06.2017

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

The Government makes following amendments in Notification No. 131/2016 - Customs (N.T.), dated the 31st October, 2016, namely:

(a) In the said notification,- (a) in the Notes and conditions,-

      in paragraph (17), after the word “bleached”, the words “or melange” shall be inserted;

(b) in paragraph 4, the following proviso shall be inserted, namely:- “Provided that nothing contained in this notification shall have effect after the 30th day of September, 2017.”

This notification shall come into force on the 1st day of July, 2017.

Members may please make a note of the above.

Thanking You,

V.ANIL KUMAR

EXECUTIVE DIRECTOR

 

 

 

 

 

 

 

 

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