Media reports indicate that the Indian finance ministry has published the revised all-industry drawback rates, which will come into effect from July 15.

The Drawback Schedule includes 84 new items. These include cotton bags, leather caps, suitcases, handbags and various sports equipment/accessories.

The new drawback rate for leather footwear for adults is 9.5% with a cap of Rs85 ($1.8) per pair as against the existing rate of 8.3% with a cap of Rs70 per pair.