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TMI BlogWe have to return Duty Drawback and MEIS partially.X X X X Extracts X X X X X X X X Extracts X X X X ..... Dear Sir, We have exported a consignment. Because of some quality issues buyer has raised a Debit note of 25 % of invoice value. We have to refund approx. 24000 to customs and approx. 37000 to DGF ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... T And we have to return Partial Duty Drawback + interest @18 % to customs Partial MEIS amount to DGFT on along with 18 % interest. Can we return MEIS Duty Drawback Amount + 18 % interest to DGF ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... T by debiting MEIS. Kindly advice. Regards Harkirat Singh [email protected] - Reply By YAGAY andSUN - The Reply = Scrip can be used for payment of (i) Customs Duties for import of inputs or ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... goods, except items listed in Appendix 3A; (ii) Payment of excise duties on domestic procurement of inputs or goods, including capital goods and (iii)Payment of service tax on procurement of servic ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... es (iv) Payment of Customs Duty and fee as per paragraph 3.18 of this Policy. However, you cannot reverse or pay any amount for MEIS as MEIS is granted for the foreign remittance received against th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e FOB value or actual receipt value which is lower. - We have to return Duty Drawback and MEIS partially. - Query Started By: - harkirat singh Dated:- 11-1-2019 Customs - Import - Export - Customs ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... - SEZ - Got 1 Reply - Customs - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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