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of <h1>India Revises Duty Drawback Rates: Higher for Leather Footwear, Gold Jewelry; Updates for Silver Jewelry and Motor Cars.</h1> Amendments to the All Industry Rates of Duty Drawback effective from July 15, 2020, have been announced by the Government of India. These changes include enhanced duty drawback rates for certain leather footwear and gold jewelry. The rates for silver jewelry have been rationalized. Vinyl Sulphone Ester has been reclassified under a new tariff item, while maintaining its existing duty drawback rate. Additionally, the description of certain motor car tariff items has been updated to include models with Automated Manual Transmission, allowing them to claim the same duty drawback rates as manual transmission models. Public notices are advised for guidance.
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