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<h1>India Sets Duty Drawback on Cotton Yarn to Nil Under Customs Notification No. 34/2010-Customs (N.T.)</h1> The Government of India has issued Notification No. 34/2010-Customs (N.T.) on April 29, 2010, amending the previously issued notification No. 103/2008-Cus. (NT) dated August 29, 2008. The amendment sets the All Industry Rate of duty drawback on cotton yarn to nil. This change applies to specific tariff items under Chapter 52, including grey and dyed cotton yarn, which are now listed with a nil duty drawback rate. The notification is part of the Customs, Central Excise Duties, and Service Tax Drawback Rules, 1995, and is published in the Gazette of India.