Extension of All Industry Rate of duty drawback for furnace oil - 08 (RE-2002)2002-2007

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<h1>Duty Drawback on Furnace Oil for EOUs and EPZs Extended Indefinitely Under Export-Import Policy 2002-2007.</h1> The Director General of Foreign Trade has extended the All Industry Rate of duty drawback of Rs. 850 per metric ton for furnace oil supplied by domestic oil companies to Export Oriented Units (EOU) and Export Processing Zones (EPZs) under the deemed export scheme. This extension, initially set to expire on March 31, 2002, will continue until further notice. This decision is made under the Export and Import Policy, 2002-2007, and is issued in the public interest.

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