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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/128 /2017-18                                                                                July 29, 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 Member,

CBEC has issued Notification No. 73/2017-CUSTOMS (N.T.) New Delhi, the 26th July, 2017 by making amendments in Notification No. 131/2016-Customs (N.T.) dated 31st October, 2016 relating to All Industry Rates (AIRs) of Duty drawback

In the said notification, under the heading ‘Notes and conditions’, for serial number 12A, the following shall be substituted, namely:-

“(12A) The rates and caps of drawback specified in columns (4) and (5) of the said Schedule shall be applicable to export of a commodity or product if the exporter satisfies the following conditions, namely:-

(a)       (i)         the exporter shall declare, and if necessary, establish to the  satisfaction
             of the Assistant Commissioner of Customs or Deputy Commissioner of Customs,  
            as the case may be, that no input tax  credit of the central goods  and services
            tax or of the integrated goods and services tax has been and shall be availed
            on the export product or on any of the inputs or input services used in the of
             manufacture the export product, or
       

(ii)        if the goods are exported on payment of integrated goods and services tax, the exporter shall declare that no refund of integrated goods and services tax paid on export product shall be claimed;

 

(b)       the exporter shall declare, and if necessary, establish to the satisfaction of the Assistant Commissioner of Customs or Deputy Commissioner of Customs, as the case may be, that the exporter has not carried forward and shall not carry forward the amount of Cenvat credit on the export product or on the inputs or input services used in the manufacture of the export product, under the Central Goods and Services Tax Act, 2017 (12 of 2017).”

2.         The notification shall be deemed to have come into force on the 1st July, 2017.

Members make a note of the above amendments.

Thanking you,

V. ANIL KUMAR
EXECUTIVE DIRECTOR

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