November 1, 2002	Friday	Sha’aban 25,1423

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, 2002, by amending the budgetary notification SRO413 issued on June 18, 2001, said a Customs notification issued on Thursday.

According to notification, the duty drawback rates would be 5 per cent of the fob value on export of canvas or textile footwear with rubber sole (all varieties and sizes) and its raw materials; 3.96 of the fob value on leather footwear, including chappals and sandals with leather upper and leather sole (all varieties and sizes) and its raw materials; 6 per cent of the fob value on leather footwear, including chappals, sandals and slippers with leather upper and PU or PVC or TPR or rubber or leather insert sole (all varieties and sizes).

And the duty drawback rates would be 3.92 per cent of the fob value on export of synthetic footwear, including chappals, sandals and slippers with synthetic upper (artificial leather) and PU or TPR or PVC or rubber sole (all varieties and sizes); 0.53 per cent of the fob value on export of PVC injection moulded footwear (all varieties and sizes).