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duty draw back, Customs - Exim - SEZ

Issue Id: - 111750
Dated: 7-4-2017
By:- jawahar lal

duty draw back


  • Contents

dear all,

i want to know about duty drawback...n export incentives...

are both same or different things in export?

why is it called duty drawback refund when no duty is applied on exports articles?

is duty drawback applicable from first export consignment or 2nd consignment onwards?

does duty drawback refund & incentives come in the form of money or security bond papers? if in the form of papers how is it used?

how long time does custom need to credit duty drawback & incentive amount into exporters bank account?

pls guide...

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Showing Replies 1 to 1 of 1 Records

Page: 1


1 Dated: 11-4-2017
By:- Kishan Barai

DBK comes via Bank & is called cash incentives from Gov. DBK is mainly refund of taxes paid by you as exports is exempted from tax & incentives are MEIS schemes which you get from government in form of script which you can use it to pay government dues and duties. To know more about incentives kindly read latest foreign trade policy 15-20 from government, you can download PDF from dgft.gov.in or google.

Cordially yours,

Kishan Barai


Page: 1

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