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of <h1>New Rules for Export Drawback Rate: Detailed Statements Required, Chartered Engineer Certification Mandatory</h1> The format for determining the drawback rate for exported products, detailing the necessary statements (DBK-I, DBK-II, and DBK-IIA) required for submission. It requires comprehensive information on materials used, including whether they are imported or indigenous, their quantities, wastage, and sale price of waste. Certification from a Chartered Engineer or Cost Accountant is mandatory to confirm the accuracy of material consumption and wastage. The DBK-II statement focuses on imported materials, requiring details like customs duty and supplier information. The DBK-IIA statement details stock procurement of imported materials, with certification ensuring no duplicate duty refund claims.
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