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of <h1>Government Revises Duty Drawback Rates; New Tariff Entries for Industrial Wear, Stainless Steel Cutlery, and More Effective Feb 13, 2015.</h1> The government has announced amendments to the All Industry Rates (AIR) of Duty Drawback effective from February 13, 2015, following feedback on the rates effective from November 22, 2014. These amendments include new tariff entries for items like protective industrial wear, leather and synthetic gaiters, PCB drills, stainless steel cutlery, and sports equipment. Additionally, changes have been made to drawback rates and caps for various tariff items, including provisions for composite rates and specific rates for optical fiber cables. The amendments also facilitate drawback under the brand rate route for rice exports. The trade is informed for compliance.
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