Hi !
I have one query regarding Duty drawback. we exporters of Plastic Toys to Gulf. We raised bill to our customers For say $ 10000. However later on Customer asked for discount while making payment .We agreed and he paid $9200 in full settlement . My question is whether such reduction in foreign inward remittance cause any problems in claiming Duty drawback or refund ?
Please try to reply ASAP.
Thanks.
Deepak
2 Replies
Kamal Verma
(Financial advisor)
(582 Points)
Replied 23 November 2018
No problem wil be in claiming duty drawback if you allow trade discount to customer.
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