what is duty ? and what is duty drawback

This query is : Resolved 
 


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 ?


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.


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 ?


Querist : Anonymous (Querist) 01 May 2013

query is pending so far....


Querist : Anonymous (Querist) 24 May 2013

presently import duty on cotton is :


regards,

RAMESH KUMAR (Expert)
14 March 2015

is this query is pending so far?


ramesh verma



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