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.
Ministry of Finance has issued Notification No. 51/2025–Customs (N.T.) dated 25th August 2025, amending Notification No. 77/2023–Customs (N.T.) of 20th October 2023 concerning the duty drawback rates for gold and silver jewellery and articles. The amendments, issued under the Customs Act, 1962, and the Central Excise Act, 1944, revise the Assessable Indian Rate (AIR) for specified tariff items in Chapter 71. For tariff item 711301, the duty drawback figure has been increased from 335.50 to 466.76. Similarly, for tariff items 711302 and 711401, the figures have been revised from 4468.10 to 5234.00. These changes are intended to update the drawback amounts payable to exporters under the Customs and Central Excise Duties Drawback Rules, 2017. The principal notification, initially published in the Gazette of India on 20th October 2023, has been previously amended by Notification No. 26/2025–Customs (N.T.) dated 17th April 2025. The current amendment supersedes the earlier figures in the schedule for the specified tariff items, affecting exporters of gold and silver jewellery seeking duty drawback benefits.
MINISTRY OF FINANCE
(Department of Revenue)
Notification No. 51/2025- Customs (N.T.) | Dated: 25th August, 2025
G.S.R. 574(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) Notification 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 “335.50”, the figures “466.76” shall be substituted;
(ii) against tariff item 711302, in the entry in column (4), for the figures “4468.10”, the figures “5234.00” shall be substituted;
(iii) against tariff item 711401, in the entry in column (4), for the figures “4468.10”, the figures “5234.00” shall be substituted.
[F. No. 605/13/2023-(DBK)]
MALAY SAMIR, Director (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. 26/2025-Customs (N.T.), dated the 17th April, 2025 published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), dated the 17th April, 2025 vide number G.S.R. 236(E) , dated the 17th April, 2025.
