MANU/CUCR/0027/2023

Ministry : Ministry of Finance

Department/Board : Central Board of Indirect Taxes and Customs

Circular No. : 26/2023-Customs

Date : 26.10.2023

Notification/ Circulars Referred : Notification No. 77/2023-Customs (N.T.) dated 20th October, 2023 MANU/CUSN/0083/2023;Notification No. 45/2016-Customs dated 13.08.2016 MANU/CUST/0068/2016;Notification No. 27/2023-Customs dated 01.04.2023 MANU/CUST/0040/2023

Citing Reference:
Notification No. 77/2023-Customs (N.T.) dated 20th October, 2023 MANU/CUSN/0083/2023  Referred

Notification No. 45/2016-Customs dated 13.08.2016 MANU/CUST/0068/2016  Referred

Notification No. 27/2023-Customs dated 01.04.2023 MANU/CUST/0040/2023  Referred

To

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

Revision of All Industry Rates (AIRs) of Duty Drawback

Madam/Sir,

1. Government has notified the revised All Industry Rates (AIRs) of Duty Drawback, vide Notification No. 77/2023-Customs (N.T.) dated 20th October, 2023 which will come into force on 30th October, 2023. The notification may be downloaded from Board's website and carefully perused for details.

2. The salient features of the revised rates of Duty Drawback are as follows:

(i) Each tariff item in the Schedule, annexed to the above-mentioned Notification, has been provided with an AIR specified under column (4) with cap of Duty Drawback amount, wherever applicable, given under column (5). For claiming these AIRs, the relevant tariff item has to be suffixed with letter 'B'. For example, for export of goods covered under tariff item (TI) 610901, the drawback serial number should be declared as 610901B;

(ii) The Notification also specifies, in the Table annexed thereto, AIRs on export of items covered under Chapters 61 and 62 of the Schedule (viz. articles of apparel and clothing accessories) made under Special Advance Authorization Scheme (para 4.04A of Foreign Trade Policy 2015-2020 and Foreign Trade Policy, 2023) in terms of Notification No. 45/2016-Customs dated 13.08.2016 and Notification No. 27/2023-Customs dated 01.04.2023. For claiming these AIRs, the relevant tariff item has to be suffixed with letter 'D', instead of the usual suffix 'B' mentioned above. For example, for export of goods under Special Advance Authorization Scheme covered under tariff item (TI) 610901, the drawback serial number should be declared as 610901D;

(iii) AIRs of Duty Drawback have been increased for certain items pertaining to chemicals (Chapter 29), finished and lining leather, leather articles and footwear (Chapter 41, 42 and 64), textiles and articles thereof made of silk/ wool/cotto........