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Calculation of duty draw back

This query is : Resolved 
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(Querist)
07 March 2013 Dear Sir/ Madam,

I have a query under duty draw back scheme -

Eg. My product PMV is ------ Rs. 30 and FOB value of product is ----- Rs. 80, in this case i m entitle to claim duty draw back on Rs. 30 or Rs. 80.

Please clear it.
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Manickam.N

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Manickam.N (Expert)
08 March 2013 Drawback is given as a percentage on FOB value. If customs suspects overvaluation it can revise value for purpose of drawback.
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Amit Agrawal

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Amit Agrawal (Querist)
11 March 2013 Thanks Sir.
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