ISLAMABAD, Oct 12: The Central Board of Revenue (CBR) has reduced the budgetary duty drawback rates on export of leather and leather products.

CBR in this effect made amendments in the notification issued on June 18, 2001 by replacing the schedules I and II with the new ones. The new rates would be effective from October 9, 2002, said a notification issued on Saturday.

According to the notification, the new duty drawback rates on export of finished leather will be: 1.72 per cent of the fob value on export of goat or sheep or kangaroo skin; 3.09 per cent of the fob value on cow or buffalo or camel hide, onwards and 4.92 per cent of the fob value on buffalo hide in finished form for furniture or upholstery leather 2.5mm up to 5mm.

The duty drawback rates would be 3 per cent of the fob value on export of leather articles and made ups like saddlery and harness for any animal (including traces, leads, knee pads, muzzles, saddle cloths, saddle bags, dog coats and the like) of any animal, belts (including weight lifting belts); trunks, suitcases, vanity cases, executive cases, brief cases, school satchels, spectacle cases, binocular cases, camera cases, musical instrument cases, holsters and similar containers, travelling bags, rucksacks, handbags, shopping bags, wallets, purses, map cases, cigarette cases, tobacco pouches, tool bags, sports bags, bottle cases, jewellry boxes, powder boxes, cutlery cases and similar containers including dice drops, made of leather.

The new rate of duty drawback would be 5.56 per cent of the fob value on export of leather garments and 2.50 per cent of the fob value on cut leather components for shoes, garments, gloves and upholstery, leather patchwork sheets, aprons and other protective clothing braces, bandoleers and wrist strap; articles of leather of a kind used in machinery of mechanical appliances or for other technical or industrial uses; leather uppers including lasted uppers with or without accessories like insoles socks, lining heal covers and other embellishment.

The rate of duty drawback would be 3 per cent of the fob value on export of gloves of all sorts, with or without cloth back (including sports gloves) and 2.50 per cent of the fob value on all other made ups of leather.

The duty drawback on export of finished leather wherein imported wet blue hides and skins under manufacturing bond have been used: 1.28 per cent of the fob value on export of goat or sheep or kangaroo skin; 1.88 per cent of the fob value on cow or buffalo or camel hide and 3.39 per cent of the fob value on buffalo hide in finished form for furniture or upholstery leather 2.5mm up to 5mm.

The duty drawback on leather articles and made ups wherein imported wet blue hides, skins as well as accessories under manufacturing bond have been used will be: 1.33 per cent of the fob value on saddlery and harness for any animal (including traces, leads, knee pads, muzzles, saddle cloths, saddle bags, dog coats and the like) of any animal, belts (including weight lifting belts); 1.33 per cent of the fob value on trunks, suitcases, vanity cases, executive cases, brief cases, school satchels, spectacle cases, binocular cases, camera cases, musical instrument cases, holsters and similar containers, travelling bags, rucksacks, handbags, shopping bags, wallets, purses, map cases, cigarette cases, tobacco pouches, tool bags, sports bags, bottle cases, jewellry boxes, powder boxes, cutlery cases and similar containers including dice drops, made of leather.

And duty drawback would be 1.97 per cent of the fob value on export of garments and 1.10 per cent of the fob value on cut leather components for shoes, garments, gloves and upholstery, leather patchwork sheets, aprons and other protective clothing braces, bandoleers and wrist strap; 1.10 per cent of the fob value on articles of leather of a kind used in machinery of mechanical appliances or for other technical or industrial uses; 1.10 per cent of the fob value on leather uppers including lasted uppers with or without accessories like insoles socks, lining heal covers and other embellishment.

The rate of duty drawback would be 1.33 per cent of the fob value on export of gloves of all sorts, with or without cloth back (including sports gloves) and 2.50 per cent of the fob value on all other made ups of leather.

The duty drawback rates on export of leather articles and made ups wherein imported wet blue hides and skins under manufacturing bond have been used will be: 1.83 per cent of the fob value on saddlery and harness for any animal (including traces, leads, knee pads, muzzles, saddle cloths, saddle bags, dog coats and the like) of any animal, belts (including weight lifting belts); trunks, suitcases, vanity cases, executive cases, brief cases, school satchels, spectacle cases, binocular cases, camera cases, musical instrument cases, holsters and similar containers, travelling bags, rucksacks, handbags, shopping bags, wallets, purses, map cases, cigarette cases, tobacco pouches, tool bags, sports bags, bottle cases, jewellry boxes, powder boxes, cutlery cases and similar containers including dice drops, made of leather.

The new rate of duty drawback would be 4.39 per cent of the fob value on export of leather garments and 1.52 per cent of the fob value on cut leather components for shoes, garments, gloves and upholstery, leather patchwork sheets, aprons and other protective clothing braces, bandoleers and wrist strap; articles of leather of a kind used in machinery of mechanical appliances or for other technical or industrial uses; leather uppers including lasted uppers with or without accessories like insoles socks, lining heal covers and other embellishment; 1.83 per cent of the fob value on gloves of all sorts, with or without cloth back (including sports gloves and ) and 1.52 per cent of the fob value on all other made ups of leather.

The duty drawback on export of leather articles wherein only imported finished leather under manufacturing bond have been used will be: 0.50 per cent of the fob value on saddlery and harness for any animal (including traces, leads, knee pads, muzzles, saddle cloths, saddle bags, dog coats and the like) of any animal, belts (including weight lifting belts); trunks, suitcases, vanity cases, executive cases, brief cases, school satchels, spectacle cases, binocular cases, camera cases, musical instrument cases, holsters and similar containers, travelling bags, rucksacks, handbags, shopping bags, wallets, purses, map cases, cigarette cases, tobacco pouches, tool bags, sports bags, bottle cases, jewellry boxes, powder boxes, cutlery cases and similar containers including dice drops, made of leather.

And duty drawback would be 2.43 per cent of the fob value on export of leather garments and 0.42 per cent of the fob value on cut leather components for shoes, garments, gloves and upholstery, leather patchwork sheets, aprons and other protective clothing braces, bandoleers and wrist strap; articles of leather of a kind used in machinery of mechanical appliances or for other technical or industrial uses; leather uppers including lasted uppers with or without accessories like insoles socks, lining heal covers and other embellishment.

The rate of duty drawback would be 0.50 per cent of the fob value on export of gloves of all sorts, with or without cloth back (including sports gloves) and 0.42 per cent of the fob value on all other made ups of leather.