Duty drawback
This query is : Resolved
Lalit Agarwal
(Querist)
02 December 2014
Sir, My query is that a handicraft items manufacturer who exports the same wants to take the duty draw back. I want to know that whether the wood used in the manufacturing process should also be imported or not. Can I please get the procedure for getting back the credit. Also If the manufacturer purchases the finished good from local market and export it directly, will it get the credit?
RAMESH KUMAR VERMA
(Expert)
01 January 2015
the exporter who after manufacturer exports the wooden items called the manufacturer.
duty drawback is available for them is 5%, if not taking the cenvat credit.
only Manufacturer exporter can take the CENVAT credit on the other hand merchant exporter also admissible for taking the DGFT chapter -3 Incentive as well as DUTY DRAWBACK.
duty drawback is available for them is 5%, if not taking the cenvat credit.
only Manufacturer exporter can take the CENVAT credit on the other hand merchant exporter also admissible for taking the DGFT chapter -3 Incentive as well as DUTY DRAWBACK.
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
- Depreciation Chart Companies Act
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Accounting treatment of AMC alongwith the purchase of Laptop
- Unable to File TDS Q2 Return – New TRACES Portal Error
- Taxation of crypto futures in India Fy 2026- 2027
- Transfer of Physical Stock Between Two Proprietorship Concerns
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Issuing of delivery challan by seller of goods
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- 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?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
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
