All Industry Drawback Rate Set at Rs. 1160/MT for HSD and Furnace Oil Under FTP Chapters 4, 6, 8.
The Director General of Foreign Trade has announced an All Industry Rate of Drawback of Rs. 1160 per metric ton for High-Speed Diesel (HSD) and Furnace Oil. This rate applies to supplies made by domestic oil companies under various schemes outlined in Chapters 4, 6, and 8 of the Foreign Trade Policy, 2004-09. The modification updates Public Notice No. 32 (RE-2007)/2004-09 and is effective from April 1, 2007, until further notice. This decision is made in the public interest.