The Finance Ministry has announced the broad contours of the new drawback scheme that will come into effect from October 1, 2011. The exact item wise rates will be notified soon.
In an interview to CNBC-TV18, Saumitra Chaudhuri, author of The Drawback Rates Report said, new drawback rates could be worked out next year.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!