HOW GET DUTY AND DRAWBACK ? ON WHICH TYPES ITEMS WE GET
DUTY DRAW BACK?
- 1 Answers
- 7293 Views
- I also Faced
- E-Mail Answers
Answer Posted / h.r. sreepada bhagi
Duty Drawback (It's not Duty & Drawback) is a kind of export
incentive. It needs to be claimed as per the Duty Drawback
Rules (Please read Customs Act, Manual, Exim Policy & Duty
Drawback Rules). For different products, rates of duty
drawback will be given in the duty drawback list in the
order of HSN (Hormonised System of Nomenclature - This is
used in Excise & Customs Tariff & used internationally)
Exporter has to apply to the concerned department in the
prescribed form with the proof of export and other relevant
documents (or copies there of) as prescribed in the relevant
Act.
For practical exposure, take guidance from an Excise &
Customs law Practitioner or Consultant.
| Is This Answer Correct ? | 5 Yes | 0 No |
Post New Answer View All Answers
What are the different types of gst?
is goods in transit will be liable for entry tax ?
we given watches to Employees how to treat accountability what is the debit and credit, or any provision to be ?
Explain the meaning of long-term notes payable is or long term liabilities?
Please advise how to calculate net asset....
What is general ledger account?
Why in SAP external number range should be selected for depreciation posting . any specific reasons for that explain me? Raj
For example for formation of a new company/offshore company you need to show paid up capital of 100K but you don't have 100K you as a director borrow loan of 100K from 3rd party and deposit in the bank as paid up capital and issued shares of 100K in director name. After one week you return back 3rd part loan. What are the entries in the books?
GRIR is the clearing account so it the balance will be zero, so how it will impact with balance sheet and why we require to reconcile that account ?
what is balance sheet, capital budgeting, financial statements, current ratio, profit maximization?
what is apply SI post
Who is debtor purchaser
what is mean by sample account and data transfer rule in SAP FI?
What does the financial statement of the company include?
How to pass workscontract sale invoice which includes WCT & VAT.
