Full Duty Refund To Exporters
The government decided to extend full rate of duty refunds, including excise, to merchant exporters, who purchased
goods from the local markets for overseas shipments. The central board of excise and customs (CBEC) said in a
circular that the exporters seeking full duty drawback will have to submit the proof with the customs authorities
that they have procured goods from the local markets. The decision has been taken on the basis of the
recommendations of the Drawback Committee.
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