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what is duty ? and what is duty drawback

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Querist : Anonymous

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Querist : Anonymous (Querist)
12 March 2010 dear experts,

will you explain me about the import duty in india is peak or higher on cotton madeups ? and what is duty drawback ?
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Ankur Garg

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Ankur Garg (Expert)
12 March 2010 Meaning of Duty drawback

A rebate on taxes or duty paid for imported goods which are subsequently exported in the same form or a different form.

In other words import duties or taxes repaid by a government in whole or in part, when the imported goods are re-exported or used in the manufacture of exported goods.
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Querist : Anonymous

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Querist : Anonymous (Querist)
13 March 2010 DEAR SIR,

will you explain me about the import duty in india is peak or higher on cotton madeups ?



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Querist : Anonymous

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Querist : Anonymous (Querist)
01 May 2013 query is pending so far....
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Querist : Anonymous

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Querist : Anonymous (Querist)
24 May 2013 presently import duty on cotton is :


regards,
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RAMESH KUMAR VERMA

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RAMESH KUMAR VERMA (Expert)
14 March 2015 is this query is pending so far?


ramesh verma

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