(d) for the manner and the time within which the claim for payment of drawback may be filed; (3) The power to make rules conferred by sub-section (2) shall include the power to give drawback with retrospective effect from a date not earlier than the date of changes in the rates of duty on inputs used in the export goods. DRAWBACK ON IMPORTED MATERIALS USED IN THE MANUFACTURE OF GOODS WHICH ARE EXPORTED. by Act 49 of 1991, sec. DaBullGonna Xo Cafe – Alcoholic Dalgona Shot ( My own innovative shot), SOLVED : How to Fix Error 1920. Act? (1) These regulations may be cited as the Customs … 26-5-1995). by Act 11 of 1983, sec. Categories of Duty Drawback. A new Section 75 A has been incorporated in the Customs Act to provide for payment of interest on delayed payment of drawback. by Act 20 of 2002, sec. Section 1 of the Customs and Excise Act, 1964, is hereby amended – (a) by the insertion after the definition of “customs duty” of the following definitions: “’degrouping depot’ means any degrouping depot for air cargo contemplated in section 6 (1) (LC) and licensed under the provisions of 61, for “manufacture” (w.e.f. 10 (w.e.f. by Act 80 of 1985, sec. 10[(d) for the manner and the time within which the claim for payment of drawback may be filed;], 10[(3) The power to make rules conferred by sub-section (2) shall include the power to give drawback with retrospective effect from a date not earlier than the date of changes in the rates of duty on inputs used in the export goods.]. (3) The Central Government may make rules for the purpose of carrying out the provisions of this section and, in particular, such rules may —. Customs and Excise Amendment Act 61 of 1992 Customs and Excise Second Amendment Act 105 of 1992 ... 75-77 CHAPTER X. Did a Second marriage performance during the Pendency of an appeal against Divorce decree would amount to Civil contempt? 26-5-1995). 1. Schedules to the Customs and Excise Act, 1964 (Tariff Book) This page contains Schedules Nos. 61, for clause (a) (w.e.f. 1975 – this is also to protect the domestic industry from the threat of foreign goods flooding the Indian market. Customs (Fees) Regulations (made under section 263). 7 (w.e.f. (1) Where it appears to the Central Government that in respect of goods of any class or description 1[manufactured, processed or on which any operation has been carried out in India] 2[, being goods which have been entered for export and in respect of which an order permitting the clearance and loading thereof for exportation has been made under section 51 by the proper officer], 3[or being goods entered for export by post under section 82 and in respect of which an order permitting clearance for exportation has been made by the proper officer], a drawback should be allowed of duties of customs chargeable under this Act on any imported materials of a class or description used in the 4[manufacture or processing of such goods or carrying out any operation on such goods], the Central Government may, by notification in the Official Gazette, direct that drawback shall be allowed in respect of such goods in accordance with, and subject to, the rules made under sub-section (2): 5[Provided that no drawback shall be allowed under this sub-section in respect of any of the aforesaid goods which the Central Government may, by rules made under sub-section (2), specify, if the export value of such goods or class of goods is less than the value of the imported materials used in the 4[manufacture or processing of such goods or carrying out any operation on such goods] or class of goods, or is not more than such percentage of the value of the imported materials used in the 4[manufacture or processing of such goods or carrying out any operation on such goods] or class of goods as the Central Government may, by notification in the Official Gazette, specify in this behalf: Provided further that where any drawback has been allowed on any goods under this sub-section and the sale proceeds in respect of such goods are not received by or on behalf of the exporter in India within the time allowed under the 6[Foreign Exchange Management Act, 1999 (42 of 1999)], such drawback shall be deemed never to have been allowed and the Central Government may, by rules made under sub-section (2), specify the procedure for the recovery or adjustment of the amount of such drawback]. Login / Subscribe to Access Full Page Section 75 - Drawback on imported materials used in the manufacture of goods which are exported - Customs Act, 1962 X X X X Extracts X X X X 7 of 1974 Parliamentary Service Act, No. Your email address will not be published. (c)   provide for the manner and the time within which a claim for payment of drawback is to be filed. 120 (w.e.f. Duty Drawback under section 75 of Customs Act scheme provides refund of duties (Customs & Central Excise) paid on Raw Material & Inputs that have gone in production of goods for exports. Refund of Customs Duty Order (made under section … Ins. – –. 75. (Here interest accrued after expiry of one months). Interest on drawback.—. 6. Excise Subs. CIFTA Verification of Origin Regulations (SOR/97-75) CJFTA Verification of Origin Regulations (SOR/2014-283) CPAFTA Verification of Origin Regulations (SOR/2016-146) CPFTA Verification of Origin Regulations (SOR/2013-216) Customs Brokers Licensing Regulations (SOR/86-1067) Customs Controlled Areas Regulations (SOR/2013-127) (b) in the case of goods assessed to duty provisionally under section 18, the date of payment of the provisional duty shall be deemed to be the date of payment of duty. Safeguard Duty – vide Section 8 of the Customs Tariff Act. SECTION 75 : Drawback on imported materials used in the manufacture of goods which are “exported” 12. 7. Interpretation P ART II APPOINTMENT AND POWERS OF OFFICERS 3. Earlier the words “Assistant Commissioner of Customs” were substituted by Act 22 of 1995, sec. So, let us go in detail for each one of them. Investment of powers of senior officer of customs by Director General 6. Subs. Ins. In terms of section 75 of the Customs and Excise Act, 1964, Part 1C of Schedule No. Customs and Excise Amendment Act, No. Provided that no drawback shall be allowed under this sub-section in respect of any of the aforesaid goods which the Central Government may, by rules made under sub-section (2), specify, if the export value of such goods or class of goods is less than the value of the imported materials used in the manufacture or processing of such goods or carrying out any operation on such goods or class of goods, or is not more than such percentage of the value of the imported materials used in the manufacture or processing of such goods or carrying out any operation on such goods or class of goods as the Central Government may, by notification in the Official Gazette, specify in this behalf : Provided further that where any drawback has been allowed on any goods under this sub-section and the sale proceeds in respect of such goods are not received by or on behalf of the exporter in India within the time allowed under the Foreign Exchange Management Act, 1999 (42 of 1999), such drawback shall except under such circumstances or such conditions as the Central Government may, by rule, specify be deemed never to have been allowed and the Central Government may, by rules made under sub-section (2), specify the procedure for the recovery or adjustment of the amount of such drawback. 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