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The facilities under this scheme shall be available to branded products recognised by the Committee meeting the above criteria with effect from 01.04.2000. For this purpose, applicants shall have to file their applications within sixty days from the date of issue of this circular. Thereafter no claim for benefit on exports from 01.04.2000 shall be considered. However, for other new applicants, in case of subsequent approval by the Committee, the benefit under this scheme shall be available on exports made from the date of filing of the application under the scheme.
In the exercise of the powers conferred by rule 3, read with rule 4 and rule 5, of the Customs and Central Excise Duties Drawback Rules, 1995, the Central Government, being satisfied that it is necessary in the public interest so to do, hereby makes the
