PXL/HO/Cir-096/2022-23 Date: 18.01.2023
Subject: Request for Inputs- Review of All Industry Rates (AIR) of Duty Drawback for the year 2023.
We would like to inform member companies that the Government of India proposes to review the All India Rates (AIR) of Duty Drawback for the year 2023 with reference to the incidence of Customs and Central Excise duties on goods manufactured for export.
The Government of India has constituted a Committee for the determination of Duty Drawback rates vide Order F. No. 609/33/2022-DBK dt: 05.01.2023 and Export Promotion Councils are requested to collect the data from the industry for onward submission to the Committee and computing Duty Drawback rates.
While providing the above data, care should be taken regarding the following aspects:
(a) Data provided should be complete for the exports made during the period April 2022 to September 2022. For a particular manufactured export item, the details of all the input(s) that are used in the manufacture of that particular export item should be indicated.
(b) The incidence of the duty should be furnished only for Customs Duty on the inputs and Central Excise duty on petroleum products. The incidence of other taxes/duties such as IGST, CGST, SGST, Anti-Dumping Duty/ Safeguard Duty, Other States/UT taxes, etc are not to be included for calculation of total incidence of duties for the purposes of Duty Drawback scheme.
(C) Data submitted to the extent possible should be representative of the exports by the small, medium as well as large manufacturer exporters, for a particular product.
(d)Data provided should be certified by the concerned manufacturers and their Chartered Accountants/Cost Accountants.
(e) The data should be supported by relevant documents such as Bills of Entry of imported inputs, Shipping Bills of export product, relevant central excise invoices etc.
(f) A copy of data submitted in Annexure II should also be provided in MS Excel format.
In addition to the above, your views/suggestions, if any, for rationalization of entries in the AIR Drawback Schedule, including for those tariff items where specific data has not been provided earlier, may also be sent along with justification.
We, therefore urge our member companies to take time and provide the data requested by the Department by 27.Jan.2023 to email@example.com to enable Pharmexcil to consolidate the data and submit it to the Committee within the timeline.