Is Duty Drawback eligible on Export in which material imported & used in manufactured exported product against Advance License?
Eligiblity of Duty Draw back?
Guest
Duty Drawback Eligibility Explained: No Simultaneous Claims for Imported Goods under Advance Authorisation per Foreign Trade Policy 2009-14. A user inquired about the eligibility for duty drawback on exports involving imported materials used in manufacturing under an Advance License. One respondent clarified that duty drawback is available for both imported and indigenous inputs at rates set by the Department of Revenue, as per the Foreign Trade Policy 2009-14. Another respondent initially stated that if goods are imported under Advance Authorisation, duty drawback can be claimed, but later corrected this, noting that both benefits cannot be claimed simultaneously. The discussion involved clarifications on customs regulations and eligibility criteria for duty drawbacks. (AI Summary)