Government Withdraws Drawback benefits for Export of Cotton Yarn
THE Central Government has amended Rules 3(1)(v), 6(4), 7(5) of the Customs, Central Excise Duties and Service Tax Drawback Rules, 1995 to exclude various types of Cotton Yarn falling under Chapters 5205, 5206, 5207 of the First Schedule to the Customs Tariff Act, 1975, from claiming drawback benefits when such goods are exported. The Drawback Schedule appended to Notification No. dated 29-08-2008 is also amended for this purpose.
Notification Nos. and , Both dated: April 29, 2010