Customs, Duty Drawback: Notifications, CBIC Guidelines/Clarification Circulars/ Instructions & Cess Act Notifications, Acts & Ordinance, Annual Budget Notifications and Drawback Schedule - Issued by Ministry of Finance (Department of Revenue) + Related Acts & Rules

The Ministry of Finance, Department of Revenue, particularly the Central Board of Indirect Taxes and Customs (CBIC), issues various notifications, circulars, instructions, and acts related to customs, duty drawback, and cess acts in India. These notifications aim to provide clarity, guidance, and updates on regulatory and procedural matters concerning customs duties, duty drawback schemes, and related areas.

Key documents and notifications issued by the Ministry of Finance (Department of Revenue) and CBIC include:

1. Customs Notifications: Notifications regarding changes in customs duties, tariff rates, exemptions, and procedural aspects related to the import and export of goods.

2. Duty Drawback Notifications: Notifications related to duty drawback schemes, rates, procedures, and eligibility criteria for claiming drawback on exports.

3. CBIC Guidelines/Clarification Circulars/Instructions: CBIC issues guidelines, circulars, and instructions to provide clarity on various issues related to customs duties, duty drawback, and cess acts. These documents may address procedural matters, interpretations of laws, and compliance requirements.

4. Cess Act Notifications: Notifications related to specific cess acts, such as the Clean Energy Cess Act, may be issued to announce changes in rates, exemptions, or other regulatory aspects.

5. Acts and Ordinance: The Ministry of Finance administers various Acts and Ordinance related to customs duties, duty drawback, and cess acts, including the Customs Act, 1962, and the Central Excise Act, 1944. Amendments, notifications, and circulars related to these Acts and Ordinance are also issued periodically.

6. Annual Budget Notifications: During the presentation of the annual budget, notifications are issued to announce changes in customs duties, duty drawback rates, and other fiscal measures that may impact importers, exporters, and the trade industry.

7. Drawback Schedule: The Drawback Schedule provides details of drawback rates for various goods exported from India, along with relevant customs tariff codes and other related information.