The Ministry of Finance has reviewed the quarterly All Industry Rate (AIR) of duty drawback for gold and silver jewellery under Chapter 71 of the Customs and Central Excise Duties Drawback Rules, 2017.Â
The notification provides revised drawback values for specific goods classified under the jewellery and precious metals category.
The revised duty drawback rates apply to the following tariff items listed under Chapter 71:
| Tariff Item | Previous Rate (Column 4) | Revised Rate (Column 4) | Nature of Revision |
| 711301 | 466.76 | 524.27 | Rate increased |
| 711302 | 5234.00 | 6317.22 | Significant increase |
| 711401 | 5234.00 | 6317.22 | Significant increase |
The revisions indicate a notable enhancement in duty drawback support, particularly for items categorized under Tariff 711302 and 711401, which have witnessed an upward adjustment of over 20%.
The principal notification from October 20, 2023 had earlier undergone amendment through Notification No. 51/2025-Customs (N.T.) dated August 25, 2025. The latest revision continues the government’s periodic review approach to align drawback rates with prevailing market conditions.
The notification comes into force immediately upon its publication in the Official Gazette.
Notification Details
Notification No. 67/2025- Customs (N.T.)
Date: 27/10/2025
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