Whether Excise duty drawback is allowed on Fixed Assets purchased by a Service Provider?
Excise duty drawback on fixed assets purchased by a sp
Nitika mehta (article) (50 Points)
11 July 2013
2 Replies
Arun Kumar Singh
(GST Advocate)
(15220 Points)
Replied 12 July 2013
Duty Drawback is the rebate of duty chargeable on imported material or excisable material used in the manufacturing of goods in and is exported. The exporter may claim drawback or refund of excise and customs duties being paid by his suppliers. The final exporter can claim the drawback on material used for the manufacture of export products.
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