Duty Drawback of Rs 800/MT for Furnace Oil to SEZ & EOU Units under Foreign Trade Policy Chapters 4, 6, 7, 8
The Director General of Foreign Trade has announced a duty drawback rate of Rs 800 per metric ton for furnace oil supplied by domestic oil companies to units in Special Economic Zones (SEZ) and Export Oriented Units (EOU). This applies under various schemes detailed in Chapters 4, 6, 7, and 8 of the Foreign Trade Policy 2004-09. This notification supersedes previous ones and is effective immediately until further notice. The announcement is made in the public interest and is documented under Notification No. 49/2005, dated March 2, 2006.
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