Dear Sirs,
KIndly let me know whether we have to repay the drawback amount with interest if we are clearing an re-imported cargo exported.
Raghavanag
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Re-import of the cargo exported under duty drawback
Replies (1)
EXPORT INCENTIVES ARE GIVEN ON EXPORTS, IF DUE TO ANY REASONS, THESE GOODS ARE IMPORTED BACK THEN THE EXPORT INCENTIVES ALREADY CLAIMED HAS TO BE REFUNDED BACK ALONG WITH INTEREST.
SO YOU HAVE TO REFUND DRABACK WITH INTEREST
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