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Duty Drawback - Customs Act,1962

CA S.SAIRAM | Last updated: 16 July 2010

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DUTY DRAWBACK - CUSTOMS ACT, 1962 Duty Drawback is governed by a couple of sections in the Customs Act, 1962 namely Sec.74 and Sec.75. The common intention is apparently to refund the import duty borne by the importer on exporting the goods. One (Sec.74) being for duty drawback on re-export b

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About the Author

CA S.SAIRAM

IFRS Consultant

Myself a B.COM,ACA from 2005. Passed IFRS,Valuation certification (issued by ICAI) and forensic course of IFS. Engaged asIFRS Consultant for an Australian firm. . Great feeling to make friends through this channel. The feedbacks that i received formy articles is encouraging and i sincerely thank our friends fo ... Read more

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