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Duty Drawback- A Detailed Analysis

Duty drawback simply means the duties which have been paid at the time of import are being paid back by the Government. In other words, the import of goods from outside India are chargeable to customs duty. However, in certain situations, the customs duty paid on the import of goods are refunded to the importers in the form of duty drawbacks under customs. In this article we are going to discuss in detail about the concept of duty drawback ............. Read More