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Issue ID: 5437
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DRAWBACK QUERY REGARDING

Date 18 Mar 2013
Replies 2 Replies
Views 8542 Views
Duty drawback compliance: exporters generally need not file returns for credited drawback, subject to remittance and export rules.
Duty drawback credits are generally not subject to additional declarations or returns when availing All Industry Drawback and complying with applicable export, customs, foreign-exchange and input credit rules; however, claims conditional on receipt of foreign exchange require satisfaction of remittance-related conditions before sanction. (AI Summary)
We are exporter and making exports under duty drawback. As presnet drawback amount is smootly crediting to our bank account. My query is that we are not submitting any docuements to customs nor DGFT. Please explain whether we have to submit any documents / returns/ forms relating to the drawback amount creding to our account. With request please reply to my query.
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Replied on Mar 20, 2013
1.

After receipt of Duty Drawback Claim, generally there may not be need to file any declaration or return or forms.

However, in case sanction of duty drawback claim is subject to receipt of remittance of foreign exchange, there may be an issue.

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Replied on Mar 21, 2013
2.

If you are availing All Industry Drawback then there is no need to submit any documents to the concerned departments provided you are availing the export promotion benefits honestly and according to the provisions of FTP read with HBP Vol 1, Customs Act, 1962,, FEMA, Cenvat Credit Rule, CE Act and Rules 

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