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Issue ID: 107036
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DRAWBACK AND SCHEME EXPORT

Date 16 Jul 2014
Replies 3 Replies
Views 1431 Views
Asked by
Duty drawback refunds customs duties on exports, while scheme exports require declaring the incentive scheme on shipping bills.
Duty drawback provides refunds of customs duties on exports either for inputs exported as such, finished goods using imported inputs, or under government notified all industry rates. Scheme export involves undertaking exports under designated incentive programs (such as Advance License, EPCG, Focus Market/Product, DFIA, and Served From India), and mandates declaring the applicable scheme on the shipping bill at customs to secure scheme benefits. (AI Summary)

what is drawback export and scheme export?????

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