TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Circulars
of of All Circulars
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Clarification on 5% VKGUY Entitlement for Exports with Duty Drawback Rate Up to 1% Since April 2006.</h1> The circular addresses the eligibility for a 5% entitlement rate under the VKGUY Scheme for exports made under the Duty Drawback Scheme where the drawback rate is up to 1%, including customs and excise components. It clarifies that exporters are entitled to VKGUY benefits at 5% of the FOB value of exports in such cases. This provision, introduced in the Foreign Trade Policy 2006, applies to exports made on or after April 1, 2006. The circular aims to resolve queries from exporters and regional authorities regarding the applicability of VKGUY benefits alongside the Duty Drawback Scheme.
TaxTMI 
TaxTMI 
