Amendment to Notification No. 77/2023-Customs (N.T.) dated 20.10.2023 – Revision of AIR of duty drawback of Gold jewellery and silver jewellery/articles
The Central Government has issued Notification No. 41/2026-Customs (N.T.) dated 24 April 2026 to amend Notification No. 77/2023-Customs (N.T.), revising the All Industry Rates (AIR) of duty drawback for specified gold and silver jewellery and articles under Chapter 71. The amendment substitutes the existing drawback rates in column (4) for tariff items 711301, 711302, and 711401 with updated figures. These changes have been made under the powers conferred by section 75 of the Customs Act, 1962, section 37 of the Central Excise Act, 1944, and rules 3 and 4 of the Customs and Central Excise Duties Drawback Rules, 2017.
PART II, SECTION 3, SUB-SECTION (i)]
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)
Notification No. 41/2026-Customs (N.T.) | Dated: 24th April, 2026
G.S.R. 309(E). — In exercise of the powers conferred by section 75 of the Customs Act, 1962 (52 of 1962) and sub-section (2) of section 37 of the Central Excise Act, 1944 (1 of 1944), read with rules 3 and 4 of the Customs and Central Excise Duties Drawback Rules, 2017, 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) No. 77/2023 —Customs (N.T.), dated the 20th October, 2023, published vide number G.S.R. 792 (E), dated the 20th October, 2023, namely:-
In the said notification, in the Schedule, in Chapter -71, –
(i) against tariff item 711301, in the entry in column (4), for the figures “639.59”, the figures “773.17” shall be substituted;
(ii) against tariff item 711302, in the entry in column (4), for the figures “9089.33”, the figures “14990.66” shall be substituted;
(iii) against tariff item 711401, in the entry in column (4), for the figures “9089.33”, the figures “14990.66” shall be substituted.
[F.No.605/13/2023-(DBK)]
V Phanindra Vissapragada
Under Secretary (Duty Drawback)
Note: The principal Notification No. 77/2023-Customs (N.T.), dated the 20th October, 2023 was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), dated the 20th October, 2023 vide number G.S.R. 792(E), dated the 20th October, 2023 and was last amended by Notification No. 21/2026-Customs (N.T.), dated the 16th February, 2026 published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), dated the 16th February, 2026 vide number G.S.R. 133(E) , dated the 16th February, 2026.
