DRAWBACK QUERY REGARDING
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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)
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.
TaxTMI