The Synthetic & Rayon Textiles Export Promotion Council

REMINDER- Drawback Department seeks views/ suggestions and data for review of All Industry Rates (AIR) of Duty Drawback for the year 2019

Circular No. ES/171/2019-20                                                                16th October, 2019

REMINDER

URGENT & IMPORTANT

To: Members of the Council

Sub.: REMINDER- Drawback Department seeks views/ suggestions and data for review of All Industry Rates (AIR) of Duty Drawback for the year 2019

Dear Member,                                                                                                         

Kindly refer to Council’s earlier Circular No. ES/160/2019-20 dated 5th October, 2019 seeking views/ suggestions & data for review of All Industry Rates (AIR) of Duty Drawback for the year 2019 with a request to submit the data by 11th October, 2019. However, the relevant data is yet to be received.

We would like to inform you that the Drawback Committee for the year 2019 has been constituted and the Committee has started the preparatory work for the determination of All Industry Rates of Duty Drawback.

In this regard, the SRTEPC delegation led by our Chairman met the Duty Drawback Committee on 15th October, 2019 and briefed the Committee on the following –

  • The major MMF products manufactured & exported,
  • Inputs required for MMF Textile items,
  • Technical process involved in the entire MMF Textile value chain

The Committee now urgently seeks data along with documents from the Council. Therefore, you are requested to furnish the following data immediately:

  • Data provided should be pertaining to exports during the period from January 2019 to June 2019 and should be related to exports, domestic purchase of inputs and imported inputs.  
  • The incidence of duty should be restricted to Customs duty on the inputs and Central Excise duty on petroleum products as specified in Schedule– IV of the Central Excise Act, 1944. The incidence of other taxes/duties such as GST, States/UT taxes, etc. should not be included for calculation of total incidence of duties for the purpose of duty drawback scheme.
  • The data provided should be of manufacturers / manufacturer exporters and it should be certified by the manufacturer and its Chartered Accountant / Cost Accountant.
  • Data submitted should pertain to atleast five units for each product so as to be representative of the Industry. The units should be selected from amongst the Small, Medium as well as Large manufacturer exporters.
  • The data must be supported by copies of Shipping bills of export product, Bills of Entry of imported inputs and relevant Central Excise Invoices etc.     
  • The data provided should pertain to only those manufacturers/units that are ready to have their records and production processes inspected by Customs/Central Excise Department if required for the purpose of verifying the correctness of information.

Members are once again requested to kindly send us the details as per the attached formats -Format I (A) & (B)  (in word format) along with copies of relevant supporting documents at the following email ids (ed@srtepc.in/ es@srtepc.inlatest by 22nd October, 2019 preferably for enabling us to consolidate the proposals  and submit the same  to the Drawback Division for consideration within the specified time.

Members may kindly make a note of the above and treat this as most urgent.

Thanking you,

Yours faithfully,

 S. BALARAJU
EXECUTIVE DIRECTOR