Government notifies revised all industry rates of Duty Drawback and other Duty Drawback related changes effective from 23rd November, 2015

The Central Government has notified the Schedule of revised All Industry Rates of Duty Drawback effective from 23rd November, 2015. These revised rates are based on average incidence of Customs and Central Excise Duties and Service Tax related with the manufacture of export goods and involve substantial total drawback for exporters. Apart from the rate…