Sunday, April 17, 2011

Customs - Duty Drawback Rules

Rule7 of DBK Rules
Whr the exporter finds that the DBK rate fixed u/R 3 or 4 is less than 4/5th of duty/taxes paid on inputs or input services, he may submit an application will all details to Commissioner within THIRTY DAYS (earlier60days)+extended 30days

Rule16A of DBK Rules
Period of 1yr for producing evidence has been amended & now it is 3months

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