The Central Government has revised the All Industry Rates of duty drawback applicable to specified exports of gold jewellery and silver jewellery and articles falling under Chapter 71 of the duty drawback schedule.
The revision has been notified by the Ministry of Finance, Department of Revenue, through Notification No. 64/2026-Customs (N.T.) dated 16 July 2026. The notification further amends Notification No. 77/2023-Customs (N.T.) dated 20 October 2023.
The amendment has been issued in exercise of the powers conferred under Section 75 of the Customs Act, 1962 and Section 37(2) of the Central Excise Act, 1944, read with Rules 3 and 4 of the Customs and Central Excise Duties Drawback Rules, 2017.
Under the revised schedule, the drawback rate against tariff item 711301 has been increased from 773.17 to 1,851.99 in the relevant unit specified in column 4 of the drawback schedule.
The drawback rate against tariff item 711302 has been increased from 14,990.66 to 29,501.09.
Similarly, the drawback rate against tariff item 711401 has also been increased from 14,990.66 to 29,501.09.
The revised rates are intended to update the duty drawback available on eligible exports of gold jewellery and silver jewellery and articles by reflecting the revised incidence of customs and central excise duties on inputs used in their manufacture.
The rate revisions notified under Chapter 71 are as follows:
| Tariff item | Existing AIR of drawback | Revised AIR of drawback |
| 711301 | 773.17 | 1,851.99 |
| 711302 | 14,990.66 | 29,501.09 |
| 711401 | 14,990.66 | 29,501.09 |
Notification No. 64/2026-Customs (N.T.) further amends the principal Notification No. 77/2023-Customs (N.T.), which was published in the Gazette of India through G.S.R. 792(E) dated 20 October 2023.
The Notification can be accessed at: https://taxinformation.cbic.gov.in/view-pdf/1010726/ENG/Notifications
