Tag: Duty Drawback Scheme
Duty drawback cannot be a part of total turnover and is separately chargeable – ITAT In a recent judgment, the Surat ITAT has held that duty drawback received on export sales cannot be a part of total turnover and is separately chargeable. ABCAUS Case Law Citation:ABCAUS 4025 (2024) …
Implementation of 2nd Phase of RMS for processing of Duty Drawback claims Risk Management System (RMS) in export was introduced with effect from 15.7.2013.by CBEC Circular No. 23/2013-Customs dated 24.06.2013. At that time it had been decided to implement RMS in export in two phases. In the first …
Amendments to the All Industry Rates of Duty Drawback effective from 15.07.2020 Circular No 33/2020-Customs F. No. 609/24/2020-DBKGovernment of IndiaMinistry of Finance, Department of RevenueCentral Board of Indirect Taxes & Customs New Delhi, dated 15th July, 2020 To,All Principal Chief Commissioners / Principal Directors General,All Chief …
Duty drawback permitted on FoB value without deducting foreign bank charges – CBIC Clarification on short realisation of export proceeds due to bank charges Duty drawback permitted on FoB value without deducting foreign bank charges Circular No. 33/2019-Customs F. No. 609/19/2019-DBKGovernment of IndiaMinistry of Finance, Department of RevenueCentral …
Amendments to the All Industry Rates of Duty Drawback effective from 20.02.2019 Circular No 5/2019-Customs F. No. 609/4/2019-DBKGovernment of IndiaMinistry of Finance, Department of RevenueCentral Board of Indirect Taxes & Customs New Delhi, dated 20th February, 2019 To,All Principal Chief Commissioners / Chief Commissionersof Customs/Customs (Preventive)/ Customs & …
80HHC deduction entitlement to supporting manufacturer who receives export incentives as duty draw back, Duty Entitlement Pass Book etc.-SC refers the question to larger Bench The instant judgment was given in a batch of appeals filed by the Revenue in relation to the interpretation of the provisions contained …
Refund-Claim of Countervailing duty as Duty Drawback admissible only where inputs that suffered countervailing duties actually used in goods exported Circular No. 49/2017-Cus F.No.609/97/2017-DBK Government of India Department of Revenue Central Board of Excise & Customs Drawback Division New Delhi, the 12th December, 2017 To Principal Chief Commissioners/ …
Duty Drawback Scheme Re-export examination report on shipping bill to be separate, self-contained and explicit on identity and use Circular No. 16/2016-Customs F.No. 603/01/2016-DBK Government of India Ministry of Finance, Department of Revenue Central Board of Excise & Customs New Delhi, dated 9th May, 2016 To Principal Chief …
