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of <h1>India Sets 2008-09 Duty Drawback Rates for Exports; Aligns with Customs Tariff Act, 1975.</h1> The Government of India issued Notification No. 103/2008, effective September 1, 2008, establishing the All Industry Rates of Duty Drawback for 2008-09. This notification, under the Ministry of Finance, specifies the rates and conditions for duty drawback on exported goods, aligning tariff items with the Customs Tariff Act, 1975. It includes provisions for classification, procedural requirements, and exceptions for certain manufacturing and export conditions. The notification outlines conditions for availing drawbacks, including the non-utilization of the Cenvat facility, and provides specific rules for composite articles and textile materials. Amendments and additional conditions were later included in subsequent notifications.
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