Sub : Revised All Industry Rate of Duty Drawback for Furnace Oil (DGFT Notification No. 29/2004-09 dated 9.3.2005)

DGFT had revised All Industry Rate of Duty Drawback on furnace oil supplied by domestic oil companies to EOUs/SEZ Units from 925 PMT to Rs. 1050 PMT vide DGFT Notification No. 23/2004-09 dated 15.2.2005 (this was circulated to all members vide EPCES Circular No. 28 dated 17.2.2005).

Now the All Industry Rate of Duty Drawback on furnace oil supplied by domestic oil companies to EOUs/SEZ Units has been further revised upwards from 1050 PMT to Rs. 1300 PMT vide DGFT Notification No. 29/2004-09 dated 9.3.2005. A copy of the notification is enclosed.

This is for your information.

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GOVERNMENT OF INDIA
MINISTRY OF COMMERCE AND INDUSTRY
NOTIFICATION No. 29 /2004-09
NEW DELHI, DATED : 09.3.2005

S.O.(E) In exercise of powers conferred under paragraph 2.1 of the Foreign Trade Policy, 2004-09 the Director General of Foreign Trade hereby announces All Industry Rate of Duty Drawback of Rs. 1300/- per MT for furnace oil supplied by domestic oil companies to EOU/SEZ units under various schemes as contained in Chapters 6, 7 and 8 of the Foreign Trade Policy until further orders.

This issues in public interest.

(K.T.Chacko)
Director General of Foreign Trade
and ex-officio Addl. Secretary to the Govt. of India

(Issued from File No. Misc.9/AM 2000/DBK Cell)