Finmin amends Drawback Rules to align with GST from July 1

Govt. notifies Customs, Central Excise Duties and Service Tax Drawback (Amendment) Rules, 2017” w.e.f. July 1 to align with GST law; Amends Rule 6 of Drawback Rules enabling an exporter to prefer application before Principal Commissioner / Commissioner of Customs within 3 months from relevant date for determination of amount or rate of drawback in respect of goods, thereby stating all relevant facts including proportion of usage and tax paid on materials / compone...