ELIGIBILITY OF DRAWBACK

[MEHUL ASHAR]

Respected Sir,

As regarding above subject, one of my clients is a merchant exporter who purchases goods from an exciseable unit against CT-1 BOND & exports, then is he eligible 4 customs drawback or not.Please reply.

AI Summary

Merchant Exporter Eligibility for Customs Drawback Under CT-1 Bond: Conflicting Expert Opinions on Duty-Free Goods A merchant exporter queried about eligibility for customs drawback when exporting goods purchased from an excisable unit under a CT-1 bond. Responses varied: one expert affirmed eligibility, stating the merchant is the ultimate exporter and should claim the drawback on the Shipping Bill. Another argued against eligibility, noting the goods are obtained without duty payment under CT-1. A third response supported this view, while a subsequent reply reiterated the eligibility, emphasizing the merchant's role as the ultimate exporter and compliance with drawback rules. The original inquirer thanked the contributors for their insights.