The Synthetic & Rayon Textiles Export Promotion Council

Inputs for calculating the Drawback Rates under GST

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

 

Dear Sir,

 

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.

 

Since the data are urgently required, we request you to send us the details by E-mail to ed@srtepc.in, es@srtepc.in by tomorrow before noon i.e November 2, 2017 positively.

 

We solicit your support and co-operation in the matter and look forward to receive the required information at the earliest.

 

Thanking You,

 

S.BALARAJU
EXECUTIVE DIRECTOR