Duty draw back

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chandra sekhar (Querist)
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31 August 2015 We are Manufacturers of Traing Simulators. We are Export Systems to Gabon, West Africa.

The system is manufactured in INdia with Indigenous Raw Material, in that below 10% valued items are excise paid and for 1 item we have paid Custom Import Duty .this is also below 2% of system value.

My query is that can we avail Duty Draw back under export scheme. If so please suggest under which Notification we can avail and upto what percentage

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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07 September 2015 Under the brand rate scheme of drawback, the exporters are compensated by paying the amount of Customs, Central Excise duties and Service Tax incidence actually incurred by the export product. For this purpose, the exporter has to produce documents/proof about the actual quantity of inputs / services utilized in the manufacture of export product along with evidence of payment of duties thereon.

presently 1.9% of duty drawback is admissible by CBEC.

further information please see the Notification No. 84/2010-Cus (N.T.), dated 17-9-2010 is relevant for ascertaining the current All Industry Rate (AIR) of Duty Drawback for various export products.