(Export) Will duty Drawback scheme continue under GST regime? If yes, what will be the rates of Drawb(ack?

Export Will duty Drawback scheme continue under GST regime? If yes, what will be the rates of  Duty Drawback? ||Duty drawback scheme after GST

Duty drawback scheme after GST–  Yes. Duty Drawback scheme with certain modifications (in GST regime) will continue under the GST regime. The changes in Duty Drawback scheme are as follows:
• The Drawback shall be available only of Customs duties on imported inputs and Central Excise duty on items specified in the IV  Fourth Schedule to the Central Excise Act-1944 (specified products- petroleum products, Natural gas, tobacco etc.) used as inputs or fuel for captive power generation.
• As an export facilitation measure, for the transition period of 3 (Three) months, from July to Sep.- 2017, Drawback at higher composite rates will continue to be granted subject to certain safeguards i.e. for claiming the higher rate of Duty drawback, the exporter has to make a declaration and certificate is required that no Input Tax Credit (ITC) of IGST/CGST is claimed, no refund of IGST paid on export goods is claimed and no CENVAT credit is carried forward.
• In absence of such certification, drawback will be restricted to the customs portion of drawback.

Note-

No amendments have been made to the Duty drawback provisions in (Section 74 or Section 75) of Customs Act 1962 in the GST regime. Hence, the duty drawback scheme will continue in terms of both section 74 and 75. Option of All Industry Rate (AIR) as well as Brand Rate under Section 75 shall also continue.

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