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Customs - Highlights / Catch Notes

Home Highlights May 2024 Year 2024 This

AIRs of Duty Drawback - Customs Notification No. 33/2024 ...

Customs

May 9, 2024

AIRs of Duty Drawback - Customs Notification No. 33/2024 signifies a thoughtful recalibration of All Industry Rates of Duty Drawback of various items. Moreover, by revising the drawbacks related to the export of specific goods, the government appears to be incentivizing the export of goods where India might have a competitive advantage, potentially improving trade balances.

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