CBIC notifies revised All industry  Rates (AIRS) of duty drawback  vide Notification 95/2018 Customs NT dated  December 06,2018 which would come into force  on December 19,2018; Also discusses about the salient features of Revised AIR ;  Further  states to ensure proper due diligence  to prevent misuse and need for  scrutiny  to prevent excess drawback  arising  from mismatch  of declarations made in Item Details and the Drawback Details in a shipping bill; Also mandates  to give supplementary report on the basis of representation  made after the revised rates are notified ; Representaion  to be submitted latest by December 31,2018 along with supporting document, if the rates are higher than the rates provided  

Circular No. 52/2018-Cus dated December 12, 2018
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