Sub: Amends notification No. 103/2008-Cus (NT) dated 29.08.2008 (Drawback Schedule notification) so as to make All Industry Rate of duty drawback on cotton yarn as nil

G.S.R…355(E). – In exercise of the powers conferred by sub-section (2) of section 75 of the Customs Act, 1962 (52 of 1962), sub-section (2) of section 37 of the Central Excise Act, 1944 (1 of 1944) and section 93A and sub-section (2) of section 94 of the Finance Act, 1994 (32 of 1994) read with rules 3 and 4 of the Customs, Central Excise Duties and Service Tax Drawback Rules, 1995, the Central Government hereby makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), number G.S.R. 627 (E), dated the 29th August, 2008, namely:-

In the Schedule to the said notification,-

(a) in Chapter 52, -

(i) for tariff items 520501 and 520502 and the entries relating thereto, the following tariff items and the entries shall be substituted, namely:-

520501	Grey	KG	Nil	Nil
520502	Dyed	KG	Nil	Nil

(ii) for tariff items 520601 and 520602 and the entries relating thereto, the following tariff items and the entries shall be substituted, namely:-

520601	Grey	KG	Nil	Nil
520602	Dyed	KG	Nil	Nil

(iii) for tariff items 520701 and 520702 and the entries relating thereto, the following tariff items and the entries shall be substituted, namely:-

520701	Grey	KG	Nil	Nil
520702	Dyed	KG	Nil	Nil

[F.No.609/52/2010-DBK]

(RAJESH KUMAR AGARWAL)
UNDER SECRETARY TO THE GOVERNMENT OF INDIA

Note.- The principal notification was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 627(E), dated the 29th August, 2008 and was last amended by notification vide number G.S.R.850 (E), dated the 27th November, 2009.


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