Duty drawback refunds most duties on imported goods that are later exported or destroyed. This article explains the process ...

Discover how drawbacks offer tax rebates for businesses that import and export goods, reducing tax burdens and enhancing profitability for U.S. companies.

The Central Board of Revenue (CBR) has given duty drawback on the export of seven different types of polyester-viscose staple fibre blended yarn and other products from May 24-June 30, 2004. The CBR ...

The finance ministry has decided to reinstate the duty drawback facility for cotton yarn exports keeping in view the current situation of huge inventories with spinning mills and the contraction in ...

The export items mainly include marine and seafood products, automobile tyres and bicycle tyres/tubes, leather and articles of leather, yarn and fabric of wool, glass handicrafts and bicycles, Finance ...

Ludhiana: Apparel exporters are feeling the heat of five percent reduction of duty drawback on exports from October 1. Exporters in the city are incurring losses on old orders on which rates were ...

ISLAMABAD: The Federal Board of Revenue (FBR) has notified new rates of duty drawback on export of textile and allied products. A notification (SRO754 of 2014) issued on Tuesday said that the new ...

To bolster salt export trade, duty drawback needs to be hiked at any cost. Salt export trade is gradually witnessing a declining trend. Hence, it needs a boost to achieve market certainty, according ...

ISLAMABAD, Oct 31: The Central Board of Revenue (CBR) has revised downward the budgetary duty drawback rates on export of various kinds of shoes. The new rates would be applicable from October 30, ...

Shares of two-wheeler manufacturers Bajaj Auto and TVS Motor fell 1-1.5 percent in early trade after the government has slashed export duty drawback to 2 percent from 5.5 percent. Advisory Alert: It ...