Tuesday, August 14, 2007

RATES OF DUTY DRAWBACK REVISED

Central Board of Excise and Customs has made the increased rates of drawback effective retrospectively from 1.4.2007. However, in a few cases such as primary steel, dyes and chemicals, the drawback rates have been reduced. The reduced rates will take effect prospectively from 18.7.2007, i.e. the date of coming into force of the notification which is made avaible at website www.cbec.gov.in 

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