Claim rebate & dbk
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
24 April 2012
I have a question. I am a manufacturer of chemicals. I buy raw materials from local source, where I am availilng Credit of Modvat being charged by the producers. This modvat is thereafter while dispatching the material for exports (Direct Export), being charged in my Invoice, under claim of rebate. Thereafter, is it true that we cannot get the benefit of Duty Drawback, when it has been declared by the Government of India, that we get a benefit of 1% on the FOB value of our product ?
24 April 2012
after export u can avail Various incentive like FMS, FPS, as per Notified by DGFT on prescribed items.
regards,
regards,
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