06 December 2013
Dear sir, Imported goods which are subsequently exported in the same form or different form is called duty drawback. so my query is that if a person buy some readymade garments from local market in india and then subsequent he exports the same outside india ? can he claim duty drawback ?
06 December 2013
if the initial purchase is from india and is then sold outside india i.e exported then it not case of duty drawback and cannot claim it.
first there should be an import from outside india then it must be exported for availing duty drawback.
06 December 2013
UNDER THE DUTY DRAWBACK SCHEME EXPORT PRODUCTS GET RELIEF OF INCIDENCE OF CUSTOM AND EXCISE DUTIES PAID ON RAW MATERIAL AND COMPONENTS USED AT VARIOUS STAGES OF PRODUCTION.
It is defined as “rebate of duty chargeable on any imported or excisable material used in the manufacture of goods exported from India. Duty Drawback is admissible for exports irrespective of mode of export, i.e. whether despatched by Sea,Air, Land Customs or by Post.
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