CIR NO. 25/2000-CUS Dated 30-03-2000
- Document type
- Circular
- Reference no.
- F
- Dated
DRAWBACK CLAIMS MUST BE PROCESSED - RECOMMENDATIONS OF THE TRANSACTION COST COMMITTEE -REG.
Time period within which Drawback claims must be processed - recommendations of the Transaction Cost Committee - reg.
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As announced by the Hon'ble Finance Minster in his Budget Speech in Parliament in regard to presentation of Budget for the year 1999-2000, a Committee was constituted in the Finance Ministry to review the transaction cost ofIndian 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:
"The Committee recommends that Electronic Data Interchange (EDI) system, the drawback claims should be cleared within within 3 working days and in manual cases within 5 days. Any clearance beyond the prescribed limits should be viewed seriously and supervisory officer should go into the reasons for delay in setting of such claims."
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 Circular No. 21/2000-Customs (F.No. 605/169/99-DBK) dated 22.3.2000 may please be treated as withdrawn.
(Sandeep Ahuja)
Under Secretary (DBK)