Circular No. 25/2000-Cus
F.NO. 605/48/2000-DBK
Government of India
Ministry of Finance
Department of Revenue
Central Board of Excise & Customs
Subject: Drawback – time limit for processing revised
As announced by the Hon’ble finance Minister in his Budget Speech in Perliament in regard to presentation of Budget for the year 1999-2000, a Committee was constituted in the Finance Ministry to review the transaction cost of Indian exports. This Committee was chaired by the Finance Secretary. The Committee has recently concluded its report and made a number of recommendations.
2. One of the recommendations which has to be put into effect immediately reproduced below:
3. The Commissioners are, therefore, requested to ensure that the above instructions are strictly followed. Any deviations should be viewed seriously and corrective action taken.
4. Circular No. 21/2000-Customs (F.No. 605/169/99-DBK) dated 22.3.2000 may please be treated as withdrawn.
