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No. EPCH/DBK-RATES/2017-18 September 22, 2017

No. EPCH/DBK-RATES/ 2017 -18 September 22, 2017 . CIRCULAR. To, All Members SUB: ANNOUNCEMENT OF ALL INDUSTRY RATES OF DUTY DRAWBACK, 2017 -18. Dear Members, The new All Industry Rate of Duty Drawback for 2017 -18 for various export products including handicrafts have been announced by the Department of Revenue vide its Customs EXTRACTS OF NEW DRAWBACK RATES TAKEN FROM CBEC WEBSITE. NOTIFIED BY DEPARTMENT OF REVENUE, MINISTRY OF. FINANCE, GOVT. OF INDIA VIDE NOTIFICATION No. 88/ 2017 - CUSTOMS ( ) DT. , NOTIFICATION NO. 89/ 2017 -CUSTOMS ( ) DT. MADE. EFFECTIVE FROM AS AMENDED. In the new GST taxation regime where all the taxes have been merged into one, the drawback rate is only limited to the refund of the customs duty. The drawback committee has declared the drawback rates, where only the custom duty is now being refunded and is at a lower rate. The DBK code-wise list of handicrafts items with the drawback rates is available at ). With regards, [RAKESH KUMAR ].

no. epch/dbk-rates/2017-18 september 22, 2017 circular to, all members sub: announcement of all industry rates of duty drawback, 2017-18

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Transcription of No. EPCH/DBK-RATES/2017-18 September 22, 2017

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