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of <h1>Finance Ministry Revises Duty Drawback Rates 2003-2004: Motor Vehicles, Textiles Adjusted; Leather Stable; SEZ Exports Included.</h1> The Ministry of Finance announced revised All Industry Rates of Duty Drawback for 2003-2004, effective from April 7, 2003. Key changes include new rates for motor vehicle chassis based on data from the Engineering Export Promotion Council. Rates for 401 entries remain unchanged, while 403 entries see reductions due to lower Customs and Central Excise duties. Leather industry rates remain stable, with clarifications added for certain leather goods. Adjustments are made for textiles and garments due to duty changes. Exports to special economic zones now qualify for drawbacks, aligning with physical exports. Staff are advised to review changes carefully and report any errors.
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