📌 Key Highlights & Quick Takeaways:
- The Federal Board of Revenue (FBR) has announced the new rate of duty drawback on export tires and various rubber products manufactured from.
- In the notification issued by the FBR, it has been stated that duty drawback has been allowed as per the fixed rate of customs duty paid on.
- According to the notification, this facility will be applicable to products exported from October 27, 2026, including tires and tubes of tru.
The Federal Board of Revenue (FBR) has announced the new rate of duty drawback on export tires and various rubber products manufactured from imported raw materials, which will be applicable to the products exported from October 27, 2026.
In the notification issued by the FBR, it has been stated that duty drawback has been allowed as per the fixed rate of customs duty paid on export tires and various rubber products manufactured from imported raw materials.
According to the notification, this facility will be applicable to products exported from October 27, 2026, including tires and tubes of trucks, buses, cars and jeeps, tires and tubes of agricultural tractors, tires and tubes of motorcycles, scooters, rickshaws and trolleys, tires and tubes of bicycles and solid rubber tires.
Refund of customs duty shall be at the prescribed rate on export of products manufactured from imported raw materials, including natural and synthetic rubber, carbon black, nylon tire cord, bead wire, zinc oxide, antioxidants and other ingredients used in the manufacture of rubber.
