Can we avail duty drawback as well as rebate of excise duty paid on traded goods exported by us.
Duty Drawback
SURYAKANT MITHBAVKAR
Duty drawback and excise rebate are mutually exclusive; exporters may not claim both on the same exported traded goods. Exporters of traded goods who have paid excise duty must choose between duty drawback and a rebate of excise duty; both benefits are mutually exclusive and cannot be claimed in respect of the same exported goods. (AI Summary)
TaxTMI