Exprt under Duty Drawbacks , Customs - Exim - SEZ

[sukhvinder singh]

Respected Sir,

We are Manufactering Organic Chemical . We are Export our product  under Lut & Rebate Claim .So i want to know what is duty draw back & hows it is use.

Thanks & Regards

Posts / Replies

[Pradeep Khatri]

There are three aspect of Duty Drawback, namely:-

1. All Industry Rate - Duty Drawback  - For export of goods which is mentioned in the AIR Notification.
2. Under Section 74 of Customs Act 1962 - For export of imported goods as such.
3. Under Section 75 of the Customs Act 1962 - For export of manufactured goods by utilizing the imported goods.