[aaykarbhavan] Fw: Duty Drawback Scheme [1 Attachment]

----- Forwarded Message -----
From: CA. VMV SUBBA RAO <vmvsrao@gmail.com>
To:
Sent: Sunday, 15 September 2013 1:03 AM
Subject: Duty Drawback Scheme

More items to get duty drawback

To boost exports, the Government on Saturday brought more items under the duty drawback scheme.

The rationalised scheme for tax refund to exporters will come into effect from September 21, a Finance Ministry release said.

The decision was taken after taking into account the recommendations of the committee headed by Planning Commission Member Saumitra Chaudhuri to suggest duty drawback rates on the basis of parameters such as prevailing prices of inputs, rates of duty and tax, as well as the value of export goods.

The Finance Ministry statement also announced a three-month extension for the panel's term for "expeditiously addressing exporters concerns."

India's exports rose to a two-year high of 13 per cent in August.

PFA

--

Best Wishes

CA. V.M.V.SUBBA RAO
Chartered Accountant
Door No.24-2-1885,
I Floor, Flat No.5,
Siddivinayaka Residency, I Cross,
Central Avenue, MSR Nagar,
Magunta Layout,
Nellore-524 003
Andhra Pradesh
India
Mobile:+91 - 0 9390221100
           +91 - 0 9440278412
e-Mail: vmvsr@rediffmail.com
           vmvsr@yahoo.co.uk
http://pdicai.org/MyPage/203038.aspx

http://vmvsraoco.icai.org.in/

Member- IT Committee of SIRC of ICAI

__._,_.___

View attachments on the web

receive alert on mobile, subscribe to SMS Channel named "aaykarbhavan"
[COST FREE]
SEND "on aaykarbhavan" TO 9870807070 FROM YOUR MOBILE.

To receive the mails from this group send message to aaykarbhavan-subscribe@yahoogroups.com

Your email settings: Individual Email|Traditional
Change settings via the Web (Yahoo! ID required)
Change settings via email: Switch delivery to Daily Digest | Switch to Fully Featured
Visit Your Group | Yahoo! Groups Terms of Use | Unsubscribe

__,_._,___