Indian Export Products Get new All-industry Rates of Duty Drawback for 2011-12
DEPB to End, Exporters to Follow Drawback Route only for Tax Refunds
Rates for Textiles & Clothing Products Slashed this year too
The Ministry of Finance, Government of India has recently announced the revised All Industry Rates (AIR) of Duty Drawback for the year 2011-12 vide Notification No. 68/2011- Cus. (N.T.) dated 22 September 2011, to be effective from 01 October 2011.
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2011-09-28 02:52:03
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DEPB Rates on Export of Textile, Made-up and Apparel Products Effective 27 August 2009
Duty Entitlement Pass Book Scheme, known in short as DEPB, is an export incentive scheme, under which the exporter is given a pass book at a pre-determined credit on the FOB value. The DEPB rates allow import of any items except the items which are otherwise restricted for imports. The tariff item-wise rates applicable as on date on export of textile, made-up and apparel products as well as the value caps are listed here for the benefit of the readers of this web magazine.
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2010-10-10 05:58:31
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Indian Government Revises Duty Drawback Rates for Export Products, including Textiles, Made-ups & Apparel
New Rates Made Effective 20 September 2010
Indian Government has recently revised the duty drawback rates to be applicable for the year 2010-11, effecting sharp cuts. The drawback rates as well as value caps up to which duty drawback will be payable on export of textiles, made-ups and apparel have been changed in most cases and have been made effective from 20 September 2010.The details of changes effected as well as tariff item-wise rates together with value caps are listed here for the benefit of the readers of this web magazine.
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2010-10-10 03:11:28
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DEPB Rates for Textiles/Apparel in India
Announcing the new rates under DEPB scheme, Kamal Nath stated that the new DEPB rates are expected to help sustain the export growth built upon the strength of a booming economy. He expressed hope that the package would neutralize the adverse impact of rising rupee on exports, which have been built upon the success of Indian economy achieved through export earnings in recent years.
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2008-05-24 08:25:31
Members Only
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Duty Drawback Rates on Textiles/Apparel in India for 2008-09
For the year 2008-09, Indian government has recently announced the rates of duty drawback that would be payable on exports of textiles and apparel products.
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2008-05-24 02:45:43
Members Only
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Duty Drawback Rates on Textiles/Apparel in India
The appreciation of Indian currency in the last one year has been a major issue in the textile industry, especially for the export sector. Exports have suffered not only substantial losses but consequent job losses too. The fear of further losses brought together all the industry bodies representing various sub-sectors in the textile industry and the matter was taken up at the highest level explaining the situation and the government, which has earlier also granted a few relief packages, has once again come to the rescue.
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2008-05-24 02:10:45
Members Only
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