Duty drawback groups reshaped

Published December 20, 2002

KARACHI, Dec 19: The Collectorate of Customs (Exports), Karachi, has reorganized the composition of the duty drawback groups to ensure quick payments of claims and reduce pendency of cases.

The reorganized groups of duty drawback will start functioning according to their new arrangement from January 1, 2003.

This has been done to facilitate exporters for the expeditious disposal of duty drawback claims during the second half of the current fiscal.

According to reorganized composition, the principles embodied in the Harmonized System have been incorporated and the duty drawback groups have been organized by moving from simpler items like yarn etc., to complex items i.e. garments etc. The simpler items have been placed in Group-I and the complex items in Group-IV.

Secondly, sub-categories of various rebateable items, which were previously spread in various groups, have been integrated into major categories and assigned to a specific group. For example yarn all sorts, have been placed in Group-I and fabrics all sorts, have been placed in Group-II.

Whereas miscellaneous items notified under standard rebate notifications have been clubbed together and placed in a single group, whereas miscellaneous items notified under specific SROs have been assigned to a different group.

Opinion

Editorial

Doctor attacked
09 Jun, 2026

Doctor attacked

AN act of reprehensible violence has shaken the medical community. On Saturday, an employee of the Provincial Civil...
AJK flare-up
Updated 09 Jun, 2026

AJK flare-up

The situation started deteriorating after a trader affiliated with the JAAC was reportedly shot in an altercation with law-enforcers.
Fault lines
09 Jun, 2026

Fault lines

THE April 8 ceasefire that halted hostilities between Israel and Iran has encountered its most serious test yet....
Soft on traders
08 Jun, 2026

Soft on traders

THE Fixed Tax Asaan Scheme for traders with an annual turnover of up to Rs200m has been designed as a ‘pragmatic...
Ceasefire in name
Updated 08 Jun, 2026

Ceasefire in name

Both sides accuse the other of violating the truce that was supposed to halt the conflict in April, yet neither appears willing to abandon negotiations altogether.
Damaged childhoods
08 Jun, 2026

Damaged childhoods

CHILD abuse is so prevalent that the UN ranked Pakistan as the least safe country for children. Even so, more than...