What is duty drawback?
Dear Student,
Answer to your question is as follows :
Duty Drawback can be defined as a special rebate given under the Section 75 of Indian Customs Act on exported products or materials. Also, duty drawback rates or concession are only applicable on products which are used in the processing of goods manufactured in India and exported and imported to foreign countries.
Regards
Answer to your question is as follows :
Duty Drawback can be defined as a special rebate given under the Section 75 of Indian Customs Act on exported products or materials. Also, duty drawback rates or concession are only applicable on products which are used in the processing of goods manufactured in India and exported and imported to foreign countries.
Regards