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Rebate allowed on noodles and milk products  

ISLAMABAD (March 07 2004): The Central Board of Revenue (CBR) has given duty drawback on the export of noodles and different types of milk products from March 4, 2004.

In this regard, the CBR has amended SRO 415(I)/2001 of June 18, 2001 here on Saturday.

The duty drawback on the export of Lactogen-1 will be 3.20 per cent of the fob value; Lactogen-2, 3.01 per cent of the fob value; Nido milk powder, 0.59 per cent of the fob value; Nestle rice, 1.05 per cent of the fob value; Cerelac khichri, 0.17 per cent of the fob value; Nescafe 50mg, 5.49 per cent of the fob value; UHT cream 250ml, 0.43 per cent of the fob value; Nido full cream milk powder 400mg, 0.02 per cent of the fob value; Maggi noodles chatkhara 70gms, 0.77 per cent of the fob value; Maggi noodles chicken 70gms, 0.73 per cent of the fob value and duty drawback on the export of Maggi noodles chilli 70gms will be 0.73 per cent of the fob value.


Courtesy Business Recorder    

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