All Industry Rate of Duty Drawback to be announced soon: Member (Customs)
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From left, Mr. Ajay Sahai, Director General, FIEO; Mr. Najib Shah, Joint Secretary (Drawback); Dr. R K Dhawan, Chairman (NR), FIEO; Mr. J K Batra, Member (Customs), CBEC, Ministry of Finance; Mr. O P Garg, Immediate Past President, FIEO; Mr. C P Srivastava, Commissioner of Customs, ICD, Tughlakabad and Mr. John Joseph, Commissioner of Customs, Air Cargo, IGI Airport |
FIEO organized an interactive session with Mr J.K. Batra, Member (Customs), Central Board of Excise & Customs (CBEC) in New Delhi on 29th July. A large number of exporters, shippers, freight forwarders, representatives from EPCs, Chambers of Commerce, Trade Associations, etc. participated in the session.
Welcoming the participants, Dr. R K Dhawan, Chairman, FIEO (Northern Region) complimented the Department for introducing Core Banking System saying this would automatically credit duty drawback to exporter’s core-banking account under EDI.
Dr. Dhawan sought better coordination between Department of Commerce and Department of Revenue and suggested that all corresponding notifications should be issued simultaneously, as and when any scheme was announced, so that the exporters did not keep waiting for availing a scheme.
In his address, Mr. Batra advised exporters not to hesitate in contacting higher authorities as and when they faced problems with field formations of Customs and also advised them to take up their issues in redressal committees of each customs house. These committees are known differently as Public Grievance Committee or Watchdog Committee or Trade Facilitation Committee. All these committees in each customs house meet at regular intervals to sort out the issues of the trade, Mr. Batra, informed.
Commenting on Dr. Dhawan’s remark seeking better coordination between Department of Commerce and Department of Revenue, Mr. Batra pointed out that there were differences of opinion between various departments but there was also a mechanism to sort out the issues. He informed that there was a committee looking into All Industry Rates of Duty Drawback for exporters and the Government would announce the new rates soon.
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Earlier, while initiating the discussion, FIEO Director General Mr. Ajay Sahai brought to the notice of Mr. Batra the problems faced by exporters in taking refund of service tax. He requested for a clarification from Drawback Directorate that the output services on which service tax was to be refunded had not been factored into the calculation of drawback rates so that Service Tax Directorate could be approached for amendment in Service Tax Notification. During open interaction with the audience, on the issue that Customs Notification No. 64/2008-Cus. dated 9.5.2008 requires amendment in consonance with Foreign Trade Policy |
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Dr. R K Dhawan, Chairman (NR), FIEO (left) presenting bouquet to Mr. J K Batra, Member (Customs), CBEC, Ministry of Finance |
applicable from 1.4.2008 with regard to benefits under EPCG Scheme, Member (Customs) informed that this issue was under examination.
For allowing re-export of defective/unfit goods imported under all the promotional schemes, Member (Customs) informed that amendment in Customs Circular No. 75/2000 dated 11.9.2000 was being considered.
On FMS Scrips not being verified by Customs authorities at Mulund and Mumbai Airport, Member (Customs) informed that almost all cases had been registered and if any specific case was not registered so far, then it may be brought to his notice.
Regarding refund of excess duty of 2% paid on clearance of imported capital goods under EPCG due to late issuance of Customs Notification, Member (Customs) clarified that there was no such provision in Customs Act.
Responding to a request that duty free import of "Printed Bags" should also be extended to exporters of textile made-ups, Member (Customs) said that only on the recommendation of the Textiles Ministry supported by Department of Commerce, it had been excluded. Meanwhile, he assured to look into the request.
On the issue that Customs impose duty on re-importation of replacement capital goods under EPCG Scheme, Member (Customs) advised exporters to follow Drawback route while re-exporting Capital Goods on replacement basis.
Regarding Central Excise rebate against duty paid on exports under DFIA Scheme, Member (Customs) informed that the issue was under examination and a final decision would come out in three to four weeks’ time. Similarly, a decision would also be taken soon on the issue of refund of unutilized CENVAT Credit for Service Tax paid on input services, he added.
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On the issue that Varanasi ICD Customs authorities are denying Drawback to exporters of 100% Natural Silk Fabric with embroidery under Tariff Head 500701, Member (Customs) asked Joint Secretary (Drawback) present in the meeting clarify the matter with Varanasi Customs. With regard to delay in release of duty drawback, Member (Customs) advised exporters to take up the matter in the Public Grievance Committee meetings in each Customs House, chaired by Commissioner of Customs. |
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A view of the participants. |
Regarding refund of service tax on services linked to exports made under duty drawback, Member (Customs) informed that the matter was being examined.
Member (Customs) was accompanied by Mr. Najib Shah, Joint Secretary (Drawback), Mr. C.P. Srivastava, Commissioner of Customs, ICD, Tughlakabad, Mr. John Joseph, Commissioner of Customs, IGI Airport Customs, New Delhi and other senior officers from CBEC looking after customs, central excise and service tax matters.
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Korea Electronics Show (KES 2008) 14th To 17 October 2008 Seoul, Korea
Korea Electronics Association (KEA) is organizing Korea Electronics Show (KES 2008) from 14th to 17th October 2008 at Seoul. The event will showcase Korea’s Electronics & ICT, semi-conductor and display industries. The semi-conductor show ISEDEX and display exhibition IMID will be held concurrently at the same venue.
The exhibits for the show are: Multimedia, Digital CE, Home entertainment, Personal Digital-Info Devices, Network computing, communication & broadcasting equipment, Industrial electronics, Displays, Semiconductors, Electronics parts & materials, car electronics, i-fashion etc.
For more details, please visit www.kes.org |
