Change in Duty Drawback Rates w.e.f 03rd May 2024


CBIC announced changes in the Duty Drawback rates on certain products effective from 03.05.2024.

The Notification No. 33/2024-CUSTOMS (N.T.) Dated 30.04.2024 was issued to this effect.

The Major chapter for which products the changes have been notified include
Chapter No. 3,16,42,63,72,75,81,85,87,88 & 93.

Exporters specially of these chapters may check the new applicable Duty Drawaback rates effective from 3rd May 2024.

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