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of <h1>Customs Office Revises Duty Drawback Rates for 2007-2008; Effective April 1, 2007, with Exceptions for Steel and Chemicals.</h1> The circular from the Customs Office announces revised All Industry Rates of Duty Drawback for 2007-2008, effective retrospectively from April 1, 2007, with some exceptions like primary steel and chemicals, which are effective from July 18, 2007. The revised rates consider duty incidence on inputs, standard norms, and service tax on input services. The schedule includes new items and revised rates for textiles, leather, base metals, machinery, bicycles, sports goods, writing instruments, and chemicals. The changes aim to reflect input price fluctuations and duty changes. Separate cells are to be created for settling supplementary claims promptly.
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