Quarterly Review of All Industry Rates (AIR) of Duty Drawback for Gold Jewellery and Silver Jewellery/articles.
Ministry of Finance, Department of Revenue, through Notification No. 67/2025-Customs (N.T.) dated 27 October 2025, amended the Customs and Central Excise Duties Drawback Schedule under the Customs Act, 1962 and Central Excise Act, 1944. Issued under section 75 of the Customs Act and section 37(2) of the Central Excise Act, the notification modifies certain duty drawback rates in Chapter 71, which covers precious metals and jewelry. The revisions apply to three specific tariff items. For tariff item 711301, the drawback rate in column (4) has been revised from ₹466.76 to ₹524.27. For tariff items 711302 and 711401, the earlier rate of ₹5234.00 has been increased to ₹6317.22. These adjustments update the rates prescribed under the principal Notification No. 77/2023-Customs (N.T.), dated 20 October 2023, which has been amended multiple times, most recently by Notification No. 51/2025-Customs (N.T.) dated 25 August 2025. The revised rates are expected to align duty drawback benefits with prevailing export cost structures and fluctuations in international metal prices. The notification, signed by V. Phanindra Vissapragada, Under Secretary (Duty Drawback), continues the periodic review of drawback schedules to maintain export competitiveness and ensure parity with input costs under the Customs and Central Excise Duties Drawback Rules, 2017.
MINISTRY OF FINANCE
(Department of Revenue)
Notification No. 67/2025- Customs (N.T.) | Dated: 27th October, 2025
G.S.R. 794(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 “466.76”, the figures “524.27” shall be substituted;
ii. against tariff item 711302, in the entry in column (4), for the figures “5234.00”, the figures “6317.22” shall be substituted;
iii. against tariff item 711401, in the entry in column (4), for the figures “5234.00”, the figures “6317.22” shall be substituted.
[F. No. 605/13/2023-(DBK)]
V PHANINDRA VISSAPRAGADA, Under Secy. (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. 51/2025–Customs (N.T.) dated 25th August 2025, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), dated the 25th August, 2025 vide number G.S.R. 574(E) , dated the 25th August, 2025.
