PXL/HO/Cir-040/2018-19 Dt:17 Aug 2018
Dear Sir / Madam,
Subject: Request for Views/suggestions and data for review of All Industry Rates (AIR) of Duty Drawback for the year 2018.
Members are aware that All India Rates (AIR) of Duty Drawback are revised every year based on the data received from the Industry. For the year 2018, the exercise of fixation of AIR has been initiated by Drawback Division, Ministry of Finance, Department of revenue, Government of India. A communication received from Drawback division, Ministry of Finance, Department of revenue is attached herewith for reference of our member-exporters. In this connection members are requested to provide cost and consumption data for the period October 2017 to March 2018 w.r.t. to the inputs/input services which are used in the manufacture of the export product.
All the members who are interested in revising the rates of Duty Drawback for their products are requested to submit the data before 29th August, 2018. The data may be sent to Council at email@example.com to enable us to compile and submit to the ministry for their consideration.
Members are requested to provide the data in the enclosed formatonly.
Thanks & regards,
Encl: Proforma Format