I WANT TO KNOW ABOUT DUTY DRAWBACK SYSTEM AND HOW TO VERIFY DUTY DRAWBACK AMOUNT
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DUTY DRAWBACK
Replies (3)
But sir according to act refund is granted on in case wher ther is excess payment..
Draw back refers to rebate of duty paid on imported or excisable goods. Tthere is nothing like refund of excess payment.
Such rebate is subjcet conditions laid down under "The Customs, Central Excise Duties and Service Tax Drawback (Amendment) Rules, 2006."
Regards
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