Drawback refund - warehousing procedure.
This query is : Resolved
Vaibhav Agrawal
(Querist)
25 April 2013
My query is that if we are warehousing goods in abroad for sales through bonded warehousing, at the time of dispatch of goods, we have to declare a value for goods for example say $30/Kg. However when we sale goods ex warehouse, it is possible that either we receive $28 per Kg or $31/Kg.
Now question is:-
We have to refund /claim drawback. Under which rule, this is permissible?
Now question is:-
We have to refund /claim drawback. Under which rule, this is permissible?
RAMESH KUMAR VERMA
(Expert)
15 May 2013
https://exim.indiamart.com/act-regulations/custom-central-excise-duties-drawback-rules.html
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