MANU/CUCR/0032/2020

Ministry : Ministry of Finance

Department/Board : CBEC Customs

Circular No. : 33/2020-Customs

Date : 15.07.2020

Notification/ Circulars Referred : Notification No. 56/2020-Customs (N.T.) dated 13.07.2020 MANU/CUSN/0095/2020

Citing Reference:
Notification No. 56/2020-Customs (N.T.) dated 13.07.2020 MANU/CUSN/0095/2020  Modified

To,

All Principal Chief Commissioners/Principal Directors General,
All Chief Commissioners/Directors General,
CBIC

Madam/Sir,

Amendments to the All Industry Rates of Duty Drawback effective from 15.07.2020

Government has made certain amendments in the All Industry Rates (AIRs) of Duty Drawback vide Notification No. 56/2020-Customs (N.T.) dated 13.07.2020. These changes are effective from 15.07.2020. The notification may be downloaded from www.cbic.gov.in and perused.

2. The changes made are briefly summed up as follows:

(a) AIRs/caps of Duty Drawback have been enhanced for the following items:

(i) Certain footwear items made of leather covered under Chapter 64; and

(ii) Gold jewellery covered under Chapter 71.

(b) AIRs of Duty Drawback have been rationalised for silver jewellery/articles covered under Chapter 71.

(c) Vinyl Sulphone Ester is currently classified for duty drawback purpose under Tariff Item (TI) 292205. In light of its proper classification under Customs Tariff Heading 2930, a separate entry for Vinyl Sulphone Ester is being inserted under TI 293001. The duty drawback rate and cap amount for the item remain unchanged. The existing entry for Vinyl Sulphone Ester (TI 292205) ha........