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what is duty ? and what is duty drawback (Custom)

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This query is : Resolved

Author : Anonymous

( Author )
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.


Author : Anonymous

( Author )
13 March 2010

DEAR SIR,

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


Author : Anonymous

( Author )
01 May 2013

query is pending so far....


Author : Anonymous

( Author )
24 May 2013

presently import duty on cotton is :


regards,


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