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Ferrous Products Obtained By Direct Reduction Of Iron Ore And Other Spongy Ferrous Products, In Lumps, Pellets Or Similar Forms; Iron Having Minimum Purity By Weight Of 99.94%, In Lumps, Pellets Or Similar Forms New Duty Drawback Rates from Customs.


Duty Drawback Rates Search


HS Code Item Description w.e.f. Unit Drawback when Cenvat facility has not been availed Drawback when Cenvat facility has been availed All Industry Drawback Rate Notes
Drawback Rate Drawback cap per unit in Rs Drawback Rate Drawback cap per unit in Rs
(Chapter 72 -83 ) - Section XV-Base Metals and Articles of Base Metal
 
72 Chapter 72: Iron and Steel  
7203 Ferrous Products Obtained By Direct Reduction Of Iron Ore And Other Spongy Ferrous Products, In Lumps, Pellets Or Similar Forms; Iron Having Minimum Purity By Weight Of 99.94%, In Lumps, Pellets Or Similar Forms  
720301 Gas based direct reduced iron (Hot Briquetted Iron/ Sponge Iron)
21-Sep-2013 1.30% 1.30%   Fixed    
 
10-Oct-2012     Fixed 1.5% 1.5%  
 
22-Sep-2011     2.00%   Fixed 2.00%
 
720302 Coal based Direct Reduced Iron (Briquetted Iron/ Sponge Iron)
21-Sep-2013 1.30% 1.30%     Fixed  
 
10-Oct-2012 1.5% 1.5%   Fixed    
 
22-Sep-2011   Fixed   2.00%   2.00%
 
720399 Others 21-Sep-2013   1.30%   Fixed   1.30%
 
10-Oct-2012 1.5%   Fixed   1.5%  
 
22-Sep-2011   1.00% Fixed   1.00%  
 
72031000 Ferrous products obtained by diredt reduction of iron ore 15-Nov-2016   Fixed   1.10% 1.10% kg
 
23-Nov-2015 kg   Fixed 1.40% 1.40%  
 
01-Sep-2008 1.00%   1.00% MT   Fixed
 
18-Jul-2007 Fixed     1.00% Mt 1.00%
 
15-Jul-2006 2.80% 220.00 Fixed Mt. 1.80% 340.00
 
05-May-2005 MT 3.50% 260.00 Fixed 2.50% 350.00
 
72039000 Other 15-Nov-2016     1.10% kg Fixed 1.10%
 
23-Nov-2015 1.40% kg   Fixed 1.40%  
 
01-Sep-2008   1.00% MT   1.00% Fixed
 
18-Jul-2007   1.00% Mt 1.00%   Fixed
 
15-Jul-2006 Fixed 340.00 220.00 1.80% 2.80% Mt.
 
05-May-2005 MT 3.50% 260.00 Fixed 350.00 2.50%
 

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What is New?

Date: 30-04-2025
Notification No. 26/2025-Customs
Seeks to rescind Notification No. 04/2025-Customs dated the 1st February, 2025

Date: 30-04-2025
Notification No. 27/2025-Customs
Seeks to amend Second Schedule to the Customs Tariff Act, to align it with changes made in the First Schedule to the Customs Tariff Act vide Finance Act, 2025.

Date: 30-04-2025
Notification No. 28/2025-Customs
Seeks to amend Notification no. 27/2011-customs dated 1 st March, 2011 and Notification No. 22/2024-Customs, dated 2 nd April, 2024 to align them with the changes made in the Second Schedule to the Customs Tariff Act.

Date: 30-04-2025
Notification No. 02/2025-Customs (CVD)
Seeks to amend Notification No. 05/2024-Customs (CVD) dated the 11th September, 2024 so as to align with changes made vide Finance Act, 2025

Date: 30-04-2025
Notification No. 33/2025-CUSTOMS (N.T.)
Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver- Reg

Date: 28-04-2025
Notification No. 24/2025-Customs
Seeks to amend List 34A and 34B of the Notification No. 50/2017-Customs dated 30.06.2017

Date: 24-04-2025
Notification No.31/2025-Customs (N.T.)
Goods Imported (Conditions of Transshipment) Regulations, 2025

Date: 23-04-2025
Notification No. 28/2025-CUSTOMS (N.T.)
Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver- Reg.

Date: 17-04-2025
Notification No. 26/2025 – Customs (N.T.)
Amendment to Notification No. 77/2023-Customs (N.T.) dated 20.10.2023 - Revision of rate of duty drawback of Gold jewellery and silver jewellery/articles

Date: 15-04-2025
Notification No. 24/2025-CUSTOMS (N.T.)
Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver- Reg.



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