Duty drawback extension to furnace oil supplies permits All Industry Rate for supplies to domestic SEZ companies under FTP. Applicability of the All Industry Rate duty drawback of Rs. 850 per M.T. is extended to supplies of furnace oil to domestic companies in Special Economic Zones, making such supplies eligible for the previously notified drawback rate. The extension is effected under paragraph 2.4 of the Export and Import Policy, 2002-2007, with reference to the All Industry Rate notified under notification no. 8 (RE-2002).
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Duty drawback extension to furnace oil supplies permits All Industry Rate for supplies to domestic SEZ companies under FTP.
Applicability of the All Industry Rate duty drawback of Rs. 850 per M.T. is extended to supplies of furnace oil to domestic companies in Special Economic Zones, making such supplies eligible for the previously notified drawback rate. The extension is effected under paragraph 2.4 of the Export and Import Policy, 2002-2007, with reference to the All Industry Rate notified under notification no. 8 (RE-2002).
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