Duty drawback

892 views 1 replies

Plz guide me,what is duty drawback?

is there any rate applicable for it?

and what is Shipping forwarding charges and textile committee cess?

Replies (1)

Duty drawback is a mechanism through which custom and excise duty suffered by a commodity is returned to the exporter. It is in consonance with the principle that goods should be exported, and not the taxes. Duty drawback is of two type- duty drawback of custom duty paid at the time of export of imported goods (Sec 74 of Custom Act). The other type is drawback of duty suffered on the inputs on the export goods. This is granted under Section 77 & Custom & Central Excise Drawback Rules. Regarding the rates of drawback, there is all industry rate, or Brand rate or special brand rate.

Shipping & Forwarding charges are commercial charges for shipping and freight frowarding of your goods. Textile cess is a cess imposed in cerain condition on textile. 

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details
Company
20 June 2026
Chartered Accountant

ANV & Company

New Delhi

CA

View Details
Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details
Company
ARTICLESHIP 20 June 2026
Articleship

RB KESHRI & CO

Mumbai

B.Com

View Details
Company
ARTICLESHIP 09 June 2026
Article Trainee

Numbertree LLP

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 08 June 2026
Internal & Taxation Article

O P Bagla & Co LLP

New Delhi

CA Inter

View Details
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details
Company
ARTICLESHIP 18 June 2026
Article Assistance

RB KESHRI & CO.

Mumbai

CA Inter

View Details