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What is duty drawback?

EXICSE (Legacy) 475 views 5 replies

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What is Duty Drawback?

Replies (5)
Duty drawback is a relief by way of refund/ recoupment of custom paid on inputs or raw materials used in the manufacture of export goods.
Originally posted by : Neelima Kotha
Duty drawback is a relief by way of refund/ recoupment of custom paid on inputs or raw materials used in the manufacture of export goods.

Is It exempte or taxable Income?

Originally posted by : Neelima Kotha
Duty drawback is a relief by way of refund/ recoupment of custom paid on inputs or raw materials used in the manufacture of export goods.

Is It exempte or taxable Income?

Respected Sir / Madam

If we paid in excess in PLA Account and forgot to claim for refund within the stipulated period, then what is the procedure to claim for refund ? Or can we request to the Excise Authority to transfer the amount to our GST credit ledger ?

Respected Sir / Madam

If we paid in excess in PLA Account and forgot to claim for refund within the stipulated period, then what is the procedure to claim for refund ? Or can we request to the Excise Authority to transfer the amount to our GST credit ledger ?


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