ISLAMABAD (February 02 2003) : To facilitate three sectors to enhance exports, the Central Board of Revenue (CBR) has given duty drawback facility to the exporters of metalised BOPP films, marble of mosaic patterns, and sweets like 'gulab jaman', 'ras malai'.
The duty drawback would be available to the exporters of metalised BOPP films and marble mosaic patterns from January 30, 2003, and for gulab jaman/rasmalai from January 31, 2003.
The CBR has amended standard SRO 415(I)/2001 and included new Schedule LXVII and Schedule LXVIII, through SRO 107(I)/2003, SRO 109(I)/ 2003 and SRO 111(I)/2003 issued here on Saturday.
The repayment of duty would be 1.65 percent of the fob value on the export of marble mosaic patterns.
This is subject to the condition that the manufacturer-cum-exporters of marble mosaic patters should submit documents showing the quantity of imported marble.
The duty drawback would be 9.89 percent of the fob value on the export of metalised BOPP film; 10.04 percent of the fob value on metalisable BOPP film; 9.79 percent of the fob value on composite BOPP film and 8.81 percent of the fob value on the export of pearlised BOPP films.
Similarly, repayment of duty would be 6.46 percent of the fob value on the export of gulab jaman prepared from imported milk powder and 6.07 percent of the fob value on the export of rasmalai made from imported milk powder.
However, the manufacturer-cum-exporters of gulab jaman/rasmalai are bound to submit documents showing proof of imported milk to avail duty drawback.