Amendment in Duty Drawback Rates on Carpets and other Floor coverings of Man Made Fibres for the year 2016-17 effective from 15th January, 2017.

 

No. CEPC/SEC/DBK(C-9)/2016/                                              Dated : 16th January, 2017

 

All Members of the Council.

 

Sub.: Amendment in Duty Drawback Rates on Carpets and other Floor coverings of Man Made Fibres for the year 2016-17 effective from  15th January, 2017.

  

Dear Members,

 

Carpet Export Promotion Council submitted representation on the basis of submissions from the Panipat Carpet Industry and also submitted the required Duty Drawback Data to the Department of Revenue, Ministry of Finance for revision of All Industry Duty Drawback Rates on Carpets and other floor coverings of Man Made Fibres. The Department of Revenue in the Ministry of Finance vide Notification No. 03/2017-CUSTOMS(N.T.) dated 12th January, 2017 make the following amendments effective from 15th January, 2017

  

Tariff Item

Description of goods

Unit

Existing Drawback Rates in Percentage

Existing Drawback Cap per Unit in Rs.

Amended Drawback Rates in Percentage

Amended Drawback Cap per Unit in Rs.

5701

Carpets and other textile floor coverings, knotted, whether or not made up

 

 

570104

of Man Made Fibres

Sq. Mtrs.

8.90%

       618.00

9.2%

639.00

5702

Carpets and other textile floor coverings, woven, not tufted or flocked, whether or not made up, including "Kelem", "Schumacks", "Karamanie" and similar hand-woven rugs

 

 

570203

of Man Made Fibres

Sq. Mtrs.

8.90%

        279.00

9.2%

279.00

5703

Carpets and other textile floor coverings, tufted, whether or not made up

 

 

570303

of Man Made Fibres

Sq. Mtrs.

8.90%

266.00

9.2%

266.00

5704

Carpets and other textile floor coverings, of felt, not tufted or flocked, whether or not made up

 

 

570402

of Man Made Fibres

Sq. Mtrs.

8.90%

187.00

9.2%

187.00

5705

other carpets and other textile floor coverings, whether or not made up

 

 

570503

of Man Made Fibres

Sq. Mtrs.

8.90%

84.00

9.2%

84.00

 

Members may kindly make note of the same.

 

  

 

                                                Mahavir [Raja] Sharma

                                                           Chairman