Duty Drawback Rates Raised to Push Exports
·
Rice Gets DBK for Packing Material
Once again Rs. 30 to Rs. 70
per tonne
[CBEC Circular No. 06 dated 9th
February 2016]
Subject: Amendments effective 11.2.2016 to the All
Industry Rates of Duty Drawback.
The Government considered representations, feedback and
data related to the All Industry Rates (AIR) of Duty Drawback that took effect
on 23.11.2015 and has notified certain changes vide Notification No.
22/2016-Customs (N.T.) dated 08.2.2016. These changes take effect from
11.02.2016. The notification should be downloaded from www.cbec.gov.in and
perused. The changes made, inter-alia, include –
(a) AIR of
drawback is being provided to rice packed in PP/HDPE bags;
(b) Separate
tariff entries with AIRs (including caps) are being created for “hair-on”
varieties of mats/carpets and other articles under heading 4303; for yarns of
cotton blended with MMF under heading 5206; fabrics of MMF blended with wool
under heading 5515; jackets/blazers of cotton containing 1% or more by weight
of elastane under headings
610302/610402/620302/620402; blankets of MMF under heading 6301; flat-rolled
products of stainless steel of thickness of 0.25 mm or less under heading 7220;
hollow drill bars and rods of non-alloy steel under
heading 7228; cages under heading 8482;
(c) Sub-headings
under four digit heads of 8409, 8413, 8481 and 8708 are being restructured to
distinguish drawback caps for products exported;
(d) Descriptions
of certain tariff items are being amended to include certain products, for
example, ‘notebooks’ are being included in tariff items 482006 and 482007. The
tariff items 610403 and 620403 are being expanded to include ‘dresses, skirts, undivided skirts’. In tariff items 741998 and 741999,
‘bushes’ are being also shown to address classification issue.
(e) Drawback
rates/caps are being increased for tariff items 560802 (fishing nets) and
950610 (sports nets). All footwear of headings 6401 and 6402 is being provided
with composite AIRs.
(f) Drawback
caps are being increased for certain existing tariff lines like 42020301 and
42020401 (leather articles); 5508 (sewing thread of MMF); 551505, 551506,
551603 and 551604 (MMF fabrics); 640301 and 640305 (leather footwear); 7310
(steel tanks, cans etc.); 8701 (tractors). Caps are being raised for certain
carpets made of wool, silk, MMF and cotton of Chapter 57 and certain
parts/components of Chapter 84-85. In respect of certain items of
stainless/alloy steels of Chapter 72, the caps are being adjusted.
2. Suitable public
notices/standing orders should be issued for guidance of the Trade/field
formations. Difficulties faced, if any, in implementation of the changes may be
brought to the notice of the Board.
[Customs Notification No. 22 (Non Tariff) dated 8th February 2016]
In exercise of the powers conferred by sub-section (2)
of section 75 of the Customs Act, 1962 (52 of 1962), sub-section (2) of section
37 of the Central Excise Act, 1944 (1 of 1944), and section 93A read with
sub-section (2) of section 94 of the Finance Act, 1994 (32 of 1994), read with
rules 3 and 4 of the Customs, Central Excise Duties and Service Tax Drawback
Rules, 1995, the Central Government hereby makes the following amendments in
the notification of the Government of India in the Ministry of Finance (Department
of Revenue), No. 110/2015- Customs (N.T.), dated the 16th November, 2015
published vide number G.S.R. 861 (E), dated the 16th November, 2015,
namely:-
In the said
Notification, in the SCHEDULE,-