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of <h1>Finance Ministry Forms Committee to Set 2015 Duty Drawback Rates, Assess GST Impact, Report Due August 31.</h1> The Central Government's Ministry of Finance has established a committee to formulate the All Industry Rates (AIRs) of Duty Drawback for 2015. The committee will engage with various stakeholders to gather insights on the existing Duty Drawback Scheme and calculate AIRs for both existing and new items. It will also examine the implications of GST on AIRs. The committee comprises four members, with the Drawback Division providing secretarial support. They are tasked with conducting meetings, field visits, and preparing a report by August 31, 2015. Members will receive travel allowances and a sitting fee, with expenses covered by the Department of Revenue's budget.
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