Duty Drawback
This query is : Resolved
11 June 2011
Duty Drawback can be only of the duty paid on imported inputs used in final product which are exported as per provision of section 75?
11 June 2011
The Central government notifies the Drawback rates for various products either on a general basis (all industry rates) or for individual exporters( brand rates) as the case may be. Drawback sanctioned under section 75 has a two tier system involving (i) fixation of rates by the Directorate of Drawback in the Central Board of Excise and Customs and (ii) disbursement of drawback amount by the Customs Houses and/ Central Excise Commissionerate.
for more information:-
http://customsmangalore.gov.in/duty-draw-back.htm
for more information:-
http://customsmangalore.gov.in/duty-draw-back.htm
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