HEPC/EF/Policy/2017 27.02.2017

All members of HEPC

Sub: Suggestions on All Industry Rates (AIRs) of duty drawback under the GST framework -reg.

Circular has been issued by the Central Board of Excise & Customs, Ministry of Finance, Department of Revenue seeking suggestions/views of stakeholder to formulate and recommend revised AIR of drawback on exports and /or any other relevant drawback like rebate to be implemented for exports in the context of new GST environment and /or remnant tax structure to ensure smooth transition to GST framework. It is informed that GST law is likely to be implemented by 1st July,2017 and the model GST laws are already in public domain ( URL for model Goods and Services Tax (GST) law: http://www.cbec.gov.in/resources//htdocs-cbec/gst/draft-model-gst-law-25-11-2016.pdf;jsessionid=5331060F2816672A46347858CA470B39).

In this regard, it requested to send suggestions/views on the above to the mail ID: policy@hepcindia.com.

Thanking you,

Yours sincerely,

sd/-
(R.Anand)
Executive Director