The revised duty drawback rates (All Industry Rates, 2014-15) have been announced by the Government
vide Notification No. 110/2014-Cus. (NT), dated 17-11-2014, w.e.f. 22-11-2014. These rates have been
announced in the background of the new Government having promised whiff of fresh air in policy formulation
and expeditious decision making and giving a renewed thrust to the industry and export sector and creating
a congenial atmosphere for its growth.