ISLAMABAD, Aug 17: The Central Board of Revenue (CBR) has revised downward the rates of duty drawback on export of various kinds of foot wears. The new rates will be effective from August 17, 2004, said a customs notification issued on Tuesday.

The rate of duty drawback will be 3.81 per cent of the fob value on export of canvas or textile foot wears with rubber sole (all varieties and sizes); 3.70 per cent of the fob value on leather foot wears including chappals and sandals with leather upper and leather sole (all varieties and sizes); 4.84 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 rate of duty drawback will be 3.36 per cent of the fob value on synthetic foot wears including chappals, sandals and slippers with synthetic upper (artificial leather) and PU or TPR or PVC or rubber sole (all varieties and sizes) and 0.48 per cent of the fob value on PVC injection moulded foot wears (all varieties and sizes).