IMMEDIATE & URGENT
Circular No.ES/ 210 / 2017-18 01st November, 2017
To: Members of the Council
Sub: Inputs for calculating the Drawback Rates under GST
We would like to inform our members that a Meeting of the High Level Drawback Committee was held with EPCs in Ahmedabad on 31st October, 2017 regarding suggestions on the All Industry Rates of Duty Drawback under GST. The Chairman of the Council, Shri Sri Narain Aggarwal had made a presentation before the Drawback Committee for higher Drawback Rates. While preparing the rates, the Council had taken into account the un-rebated taxes/duties such as electricity charges, bank charges, stamp duty etc. and embedded taxes.
In this connection, to substantiate our data and strongly represent to the Government, the Council requests you to kindly share some important information in the prescribed format – Proforma which is enclosed herewith. The information received from your Company shall be kept confidential and shall not be divulged to other Companies.
We solicit your support and co-operation in the matter and look forward to receive the required information at the earliest.