What is duty drawback?

Duty drawback is the scheme and it provide not to pay custom duty or any other taxes on goods.
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Sometimes the government of India either exempts the exporters from paying excise duty or refunds them the money back ,this refunding of money to encourage exports and increase competitive position of Indian exports in world market is called Duty Drawback.
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Sometimes the government of India either exempts the exporters from paying excise duty or refunds them the money back ,this refunding of money to encourage exports and increase competitive position of Indian exports in world market is called Duty Drawback.
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Sometimes the government of India either exempts the exporters from paying excise duty or refunds them the money back ,this refunding of money to encourage exports and increase competitive position of Indian exports in world market is called Duty Drawback.
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