KELKAR COMMITTEE’S REPORT ON EXPORT
The report of the
Task Force on Indirect Taxes headed by Dr. Vijay Kelkar submitted
to Ministry of Finance in December, 2002 contains various recommendations
relating to Drawback, Special Economic Zones, Export Oriented
Units and Advance Licensing Scheme. Some of the recommendations
of the Committee like taking of CENVAT non-alignment self-declaration
certificate for grant of drawback, release of an amount equivalent
to all industry drawback entitlement in cases of shipments under
brand rate of drawback, acceptance of exporters declaration regarding
the weight of constituent material in case of composite item and
payment of interest in delayed cases of sanction of drawback beyond
one month have already been accepted and implemented by Ministry
of Finance.
This was stated by
Shri Rajiv Pratap Rudy, Minister of State for Commerce & Industry,
in a written reply in the Lok Sabha today.
