(a) whether the Government has set up any committee to fix the rates of duty drawback for the new fiscal year;
(b) if so, the details thereof along with its
composition;
(c) whether the Government has invited various
administrative ministries and private entrepreneurs for
this purpose;
(d) if so, the details thereof and the suggestions received from them; and
(e) the follow-up action taken thereon?
MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI S. S. PALANIMANICKAM)
(a) (b), (c), (d) & (e): The Central Government vide its
order dated 9th March, 2005 had constituted a three-member
Committee consisting of Shri Saumitra Chaudhuri (Member of
Economic Advisory Council to Prime Minister) as Chairman,
Shri S.B. Mohapatra, Secretary (Retired) and Sh. T.R.Rustagi,
Chief Commissioner of Customs & Central Excise (Retired) as
Members. As per the terms of reference, the Committee
was required to interact with the stakeholders and work
out the modalities for calculation of All Industry Rates of
Duty Drawback, 2005-06. In pursuance of this mandate, the
Committee has had consultations with stakeholders, various
administrative Ministries, Export Promotion Councils, trade
bodies and individual exporters. The Committee submitted its
report on 20.4.2005. Further action will be taken by the
Government after examining its recommendations.