Drawback
This query is : Resolved
01 April 2012
sir,
i am a service provider, i am receiving usd 25000 every year in my account, i would like to know can i claim drawback in that.
since the dollars are coming in to my bank account in india i feel i should be eligible for drawback incentive.
please answer
i am a service provider, i am receiving usd 25000 every year in my account, i would like to know can i claim drawback in that.
since the dollars are coming in to my bank account in india i feel i should be eligible for drawback incentive.
please answer
02 April 2012
as per para 2.8(iii) of Hand Book of procedures vol-1(2009-2014) persons are exempt from IEC , if they are importing and exporting for personal USE.
if they are exporting the goods not for personal then can get the DRAWBACK As per rate Notified by DOR , government of india.
for more info:
https://www.rbi.org.in/commonman/English/scripts/faqs.aspx?id=26
Regards,
if they are exporting the goods not for personal then can get the DRAWBACK As per rate Notified by DOR , government of india.
for more info:
https://www.rbi.org.in/commonman/English/scripts/faqs.aspx?id=26
Regards,
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- TDS 194-T applicability
- Fixe term employment
- Is any professional CA is here please reply
- GST ITC REVERSE
- Putting a heading on received mail
- Section 50-fixed asset-->building ceases to exist
- Consolidated financials
- RCM ISSUE ON RENT AND TRANSPORTATION CHARGES
- Regarding Applicability of Tax Audit u/s 44AB
- TDS on TRUST
- Tds on commission charges
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
