Cases where no amount or rate of drawback is to be determined [Rule 8]:

No drawback will be determined if-

(i) it is less than 1% of FOB value, except where the amount of drawback per shipment exceeds ` 500/-; or

(ii) if the export value is less than the value of imported materials used in such export goods or is not more than such percentage of the value of the imported materials used in the manufacture of such goods or class of goods notified by the Central Government in this behalf.