Duty draw back on exports
This query is : Resolved
01 September 2015
We are the manufacturers of Training Simulators.
we are exporting our training systems to GABON West Africa.
These systems are manufactured in our factory using indigenous raw material except 1 item which was imported from USA and paid Rs. 8400 as duty incl of CVD and AD and paid Excise duty on 1 item.
other than the above all materials purchased in India .
kindly suggest that can we claim Duty draw back on this Export transaction , if so under which section and scheme
w
08 September 2015
Actually Drawback is the refund of Duties, Taxes, & Fees imposed on imported merchandise which is subsequently exported.
Regards,
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
- About TDS & Income Tax
- Tax on Deemed Capital Gain
- Scrutiny and reopening of past returns
- Exiting partner in partnership firm in gst portal
- Type of Capital Gain
- Booth for sales promotion
- F & O PROFIT REPORTING FOR AY 2026-27
- Regarding ITR filing with more value than showing in AIS/TIS
- Banking Related Issue
- Difff in ais receipts and gst turnover
- ITR-Capital Gain
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Taxation in the hands of Landowner under JDA
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
