January 11, 2003	Saturday	Ziqa'ad 7, 1423

ISLAMABAD, Jan 10: The Central Board of Revenue (CBR) has revised the rates of duty drawback on export of various kinds of polyester cotton made-ups.

The new rates would be effective from January 8, 2003, said a customs notification issued on Thursday.

The rate of duty drawback would be 1.97 per cent of the fob value on export of 100 per cent cotton grey made-ups filled with polyester staple fibre or hollow and polypropylene and its raw materials; 2.18 per cent of the fob value on 100pc cotton bleach made-ups filled with polyester staple fibre or hollow and polypropylene and its raw materials.

The 100 per cent cotton dyed or printed made-ups filled with polyester staple fibre or hollow and polypropylene and its raw materials will be allowed at the rate of 3.32 per cent of the fob value; 3.88 per cent of the fob value on grey blended made-ups (all blends of polyester staple fibre) filled with polyester staple fibre or hollow and polypropylene and its raw materials; 4.17 per cent of the fob value on bleach blended made-ups (all blends of polyester staple fibre) filled with polyester staple fibre or hollow and polypropylene and its raw materials; and 5.16 per cent of the fob value on dyed or printed blended made-ups (all blends of polyester staple fibre) filled with polyester staple fibre or hollow and polypropylene and its raw materials.

KNITTED GARMENTS: The CBR has revised the duty drawback rates on export of dyed or printed blended knitted garments.

The new duty drawback rates would be effective from January 9, 2003, said a customs notification issued on Friday.

According to the notification, the rates of duty drawback would be 2.27 per cent of the fob value on export of dyed or printed blended knitted garments made of cotton, rayon or viscose and lycra (47.5 per cent cotton, 47.5 per cent rayon or viscose and 5 per cent lycra spandex) and its raw materials.

And the rate of duty drawback would be 1.55 per cent of the fob value on export of bleached blended knitted garments made of cotton, rayon or viscose and lycra (47.5 per cent cotton, 47.5 per cent rayon or viscose and 5 per cent lycra spandex) and its raw materials.