Duty drawback refunds most duties on imported goods that are later exported or destroyed. This article explains the process ...

The Central Board of Revenue (CBR) has given duty drawback on the export of seven different types of polyester-viscose staple fibre blended yarn and other products from May 24-June 30, 2004. The CBR ...

Delhi High Court held that drawback benefit is duly available on export of gold dore bars on payment of only additional duty under section 3 of the Customs Tariff Act at the time of import. Facts- The ...

The finance ministry has decided to reinstate the duty drawback facility for cotton yarn exports keeping in view the current situation of huge inventories with spinning mills and the contraction in ...

The export items mainly include marine and seafood products, automobile tyres and bicycle tyres/tubes, leather and articles of leather, yarn and fabric of wool, glass handicrafts and bicycles, Finance ...

As the 14-year old popular export promotion scheme, Duty Entitlement Passbook (DEPB), designed to neutralise input duty incurred by exporters in their manufacturing activity, draws to a close, ...

Delhi High Court held that petitioner is duly entitled for the grant of duty drawback since the export proceeds have been realised within the stipulated period as prescribed in FEMA. Thus, held that ...

Ludhiana: Apparel exporters are feeling the heat of five percent reduction of duty drawback on exports from October 1. Exporters in the city are incurring losses on old orders on which rates were ...

ISLAMABAD, Oct 31: The Central Board of Revenue (CBR) has revised downward the budgetary duty drawback rates on export of various kinds of shoes. The new rates would be applicable from October 30, ...