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ELIGIBILITY OF DRAWBACK

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..... ELIGIBILITY OF DRAWBACK
Query (Issue) Started By: - MEHUL ASHAR Dated:- 28-4-2016 Last Reply Date:- 4-5-2016 Customs - Exim - SEZ
Got 6 Replies
Customs
Respected Sir, As regarding above subject, one of my clients is a merchant exporter who purchases goods from an exciseable unit against CT-1 BOND & exports, then is he eligible 4 customs drawback or not.Please reply. Reply By surya .....

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..... narayana: The Reply: Dear Friend, He is eligible to claim DBK since he is the ultimate exporter. Best Regards S Suryanarayana Reply By CA Sumit Aggarwal: The Reply: Hi, To claim the Duty Drawback on the goods exported by him, he is require to mention the same while filing the Shipping Bill. He will get the Duty Drawback as per All Industry Rate. Thanks Sumit Aggarwal Reply By Rajagopalan .....

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..... Ranganathan: The Reply: Sir, Question of claiming drawback does not arise since the merchant exporter obtains the excisable goods under CT-1 without payment of duty from the manufacturer. Reply By MUKUND THAKKAR: The Reply: Agree view given by Rajagopalan Ranganathan sir, Reply By surya narayana: The Reply: Dear Sirs, With due respects, I differ with the view of Shri. Rangarajan Ii, in vie .....

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..... w of merchant exporter being the ultimate exporter and the Shipping Documents including Shipping Bill who is ultimately receiving the Foreign exchange. Further, there is no such restriction that if goods are exported under CT-1 does not qualify for DBK. once goods exported claiming DBK by the ultimate exporter, he would be eligible for DBK in terms of DBK Rules either under category A or B. Best .....

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..... Regards Suryanarayana Reply By MEHUL ASHAR: The Reply: Respected Sirs, Thanks 2 U ALL 4 UR REPLIES 2 MY QUERY
Discussion Forum - Knowledge Sharing .....

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