Duty draw back benefits
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
22 August 2016
I am confused on this issue . Please help. We are a readymade garment traders , recently started exporting readymade garments. My query is , are we eligible of duty draw back benefit ? We exported garments to Dubai and received payment in advance in INR in our bank . are we eligible to get this benefit even if payment received in INR and not in foreign currency. Please reply ASAP.
Read more at: https://www.caclubindia.com/forum/duty-draw-back-benefits-369544.asp
Read more at: https://www.caclubindia.com/forum/duty-draw-back-benefits-369544.asp
Dr.RAMAKRISHNA. C
(Expert)
27 August 2016
Duty Drawb Back is available on the export of ready made garments. But, export proceeds have to be realized in Free Foreign Exchange.
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