Dear Forum,
I am E.O.U. and also having one unit in SEZ. i do not want to avail benefit all type of direct and indirect taxes like income tax, Import Duty, Service Tax, CENVAT on input and input services etc.
Can i avail the benefit of Duty Drawback on export made from my above units?
If yes or no , please provide me copy of notification/circular etc. to satisfy my management.
With regards
Duty Drawback Ineligibility for Exports from EOUs and SEZs Confirmed Under Notification No. 98/2013-CUSTOMS An individual inquired about the eligibility for Duty Drawback on exports from Export Oriented Units (EOU) and Special Economic Zones (SEZ), despite not availing benefits from various taxes. Responses clarified that exports from EOUs and SEZs are ineligible for Duty Drawback due to prohibitions in the relevant notifications. It was noted that the individual could explore benefits under Chapter 3 schemes if eligible. The current notification, No. 98/2013-CUSTOMS, specifies that such exports are excluded from Duty Drawback benefits, regardless of the decision not to claim other tax benefits. (AI Summary)