Kindly Tell me the diffrence between the Duty Drawback and Refund of Export Duty?????
Kindly Tell me the diffrence between the Duty Drawback and Refund of Export Duty?????
duty drawback means cenvat credit
hi,
In real terms both are same but in paper and in eyes of law they r treatd differently.Drawback can be claimed only when certain conditions r fulfiled,its not the case with refund
also refer section 74(1) of customs
regards
sripal jain
R P S K & Associates
Nashik
CA Inter
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