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THE INDIAN SILK EXPORT PROMOTION COUNCIL

MUMBAI-400 021

New Drawback rates have been announced. The rates in respect of silk products are as under with effect from 1/6/1999.

Sr.No.

Description

Rate of DBK

(Old Rates)

(New Rates

w.e.f. 1.6.99)

50.01

Fabric made wholly or predominantly

3% of FOB Value.

3.5% of FOB Value.

of silk.

62.06

Readymade garments made wholly

3% of FOB Value.

3.5% of FOB Value.

or mainly of silk.

62.07

Natural silk high fashioned readymade

4.5% of FOB Value.

3.2% of FOB Value.

garment with embroidery imported glass

beads and sequine.

62.12

Handloom/powerloom lungies made of

3% of FOB Value.

3.5% of FOB Value.

silk including lungies commonly known

as sungits.

62.14

Made up articles produced out of fabrics

2.5% of FOB Value

3.5% of FOB Value.

made wholly or mainly of silk.

subject to a maximum of

subject to a maximum of

Rs.73.00

Rs.73.00