CBIC made amendment in notification related to AIRs of Duty Drawback on Gold Jewellery, Silver Jewellery and Silver Articles

Sep 25, 2018 | by Avantis RegTech Legal Research Team


Central Board of Indirect Taxes and Customs (CBIC) on September 25, 2018 has published notification to further amend the notification  No. 89/2017- Customs (N.T.), dated September 21, 2017 which determines the rates of drawback as specified in the Schedule.

The detailed amendments in the notification  No. 89/2017- Customs (N.T.), dated September 21, 2017, are as under:-

In the Schedule, in Chapter – 71:-

·                     Against tariff item 711301 which gives rate of Articles of jewellery and parts thereof, made of gold , in the entry in column (4), for the figures “246.5”, the figures “264” shall be substituted; 

·                      Against tariff item 711302 which gives rate of Articles of jewellery and parts thereof, made of silver, in the entry in column (4), for the figures “2851”, the figures “3410” shall be substituted;    

·                     Against tariff item 711401 which gives rate of Articles made of silver , in the entry in column (4), for the figures, “2851”, the figures, “3410” shall be substituted.

  The notification shall be effective from the September 25, 2018.

  [F. No. 609/36/2018-DBK]

URL: http://www.cbic.gov.in/resources//htdocs-cbec/customs/cs-act/notifications/notfns-2018/cs-nt2018/csnt82-2018.pdf;jsessionid=E4E1BFC03EA4F918C0D4967A6CB58080


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