Excise duty drawback
This query is : Resolved
28 August 2013
Dear Sir,
I have read about duty drawback but I am unable to understand so sir pl explain me what is duty drawback in briefly with example.
I have read about duty drawback but I am unable to understand so sir pl explain me what is duty drawback in briefly with example.
29 August 2013
I AM POSTING FOLLOWING link:
http://www.ieport.com/Customs_manual/customs-manual-2012%2822%29.PDF
if you have need any information please ask we assist u:
http://www.ieport.com/Customs_manual/customs-manual-2012%2822%29.PDF
if you have need any information please ask we assist u:
Message likes :
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17 September 2013
Thank sir
I have download and read this link but till I have confusion about duty drawback if you will give me an practical example then it will help full to me for understanding.
I have download and read this link but till I have confusion about duty drawback if you will give me an practical example then it will help full to me for understanding.
18 September 2013
suppose if you export the goods milk cream UNDER ITC HS CODE 0401 dbk is available on this item 1% when you not availed the cenvat
export done :5000 USD
fob in inr 5000*exchange rate assume rs.60
fob value is : 5000*60=3,00,000
dbk will be 1%on 300000= Rs.30,000
BUT IF YOUR BUYER PROVIDE YOU FC 4900(SUPPOSE) THE DBK INCENTIVE WILL BE ADMISSIBLE =4900*60*1%
RS.=29,400
export done :5000 USD
fob in inr 5000*exchange rate assume rs.60
fob value is : 5000*60=3,00,000
dbk will be 1%on 300000= Rs.30,000
BUT IF YOUR BUYER PROVIDE YOU FC 4900(SUPPOSE) THE DBK INCENTIVE WILL BE ADMISSIBLE =4900*60*1%
RS.=29,400
18 September 2013
Thanks Sirji
18 September 2013
WELCOME RITESH JI
RAMESH VERMA
RAMESH VERMA
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