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The Central Board of Revenue (CBR) has reduced duty-drawback rates on the export of different types of knitted garments and cotton/polyester fusible interlining woven from August 12, 2004.
The CBR has amended standard SRO.412(I)/2004 through issuance of SRO.691(I)/2004 and SRO.692(I)/2004 here on Thursday.
The duty-drawback has been reduced on the export of dyed or printed blended knitted garments made of cotton, rayon or viscose and lyca (47.5 percent cotton, 47.5 percent rayon or viscose and 5 percent lyca spandex) from 2.27 percent of the fob value to 2.14 percent of the fob value and duty-drawback on the export of bleached blended knitted garments made of cotton, rayon or viscose and lyca (47.5 percent cotton, 47.5 percent rayon or viscose and 5 percent lyca spandex) has not been changed.
The duty-drawback has been reduced on the export of 100 percent cotton bleached fusible interlining woven with LDPE or HDPE from Rs 1.91 per kilogram to Rs 1.24 per kilogram; 100 percent polyester (imported) fusible interlining woven with LDPE or HDPE from Rs 8.66 per kilogram to Rs 4.09 per kilogram; 100 percent polyester (local) fusible interlining woven with LDPE or HDPE from Rs 3.42 per kilogram to Rs 2.09 per kilogram; 50 percent polyester (imported) 50 percent cotton fusible interlining woven with LDPE or HDPE from Rs 5.96 per kilogram to Rs 2.98 per kilogram; 50 percent polyester (local) 50 percent cotton fusible interlining woven with LDPE or HDPE from Rs 2.64 per kilogram to Rs 1.72 per kilogram; 100 percent polyester (imported) fusible interlining non-woven with LDPE or HDPE from Rs 8.65 per kilogram to Rs 4.01 per kilogram; 100 percent polyester (local) fusible interlining non-woven with LDPE or HDPE from Rs 3.11 per kilogram to Rs 1.90 per kilogram; 100 percent polyester (imported) non-fusible interlining non-woven from Rs 10.06 per kilogram to Rs 4.55 per kilogram; 100 percent polyester (local) non-fusible interlining non-woven from Rs 1.69 per kilogram to Rs 1.36 per kilogram; 100 percent polypropylene fusible interlining non-woven with LDPE or HDPE from Rs 8.96 per kilogram to Rs 6.94 per kilogram.
The duty-drawback has also been reduced on the export of 100 percent polypropylene non-fusible interlining non-woven from Rs 14.56 per kilogram to Rs 14.42 per kilogram.

Copyright Business Recorder, 2004

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