Duty drawback rate for furnace oil updated; applies to domestic supplies to SEZ/EOU under FTP schemes immediately. An administrative notification sets an All Industry Rate of Duty Drawback of Rs.800/- per MT for furnace oil supplied by domestic oil companies to SEZ and EOU units, applicable under the schemes in Chapters 4, 6, 7 and 8 of the Foreign Trade Policy. Issued under paragraph 2.4 of the FTP, the DGFT notification supersedes earlier notifications, is effective immediately and remains until further orders.
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Provisions expressly mentioned in the judgment/order text.
Duty drawback rate for furnace oil updated; applies to domestic supplies to SEZ/EOU under FTP schemes immediately.
An administrative notification sets an All Industry Rate of Duty Drawback of Rs.800/- per MT for furnace oil supplied by domestic oil companies to SEZ and EOU units, applicable under the schemes in Chapters 4, 6, 7 and 8 of the Foreign Trade Policy. Issued under paragraph 2.4 of the FTP, the DGFT notification supersedes earlier notifications, is effective immediately and remains until further orders.
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