ISLAMABAD, Feb 8: The Central Board of Revenue has reduced rates of duty drawback on export of 100 per cent cotton grey made-ups. According to a customs notification issued on Tuesday, the new rates would be effective from February 8, 2005.

The rates of duty drawback would be 1.69 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; 1.82 per cent of the fob value on 100 per cent cotton bleach made-ups filled with polyester staple fibre or hollow and polypropylene; 2.56 per cent of the fob value on 100 per cent cotton dyed or printed made-ups filled with polyester staple fibre or hollow and polypropylene.

And the new rates of duty drawback will be 3.99 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; 4.23 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 4.78 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.