According to BOC, the administrative order seeks to provide a streamlined guidelines and codify existing rules and regulations on the processing, approval, and payment of Duty Drawback
, Refund, and Abatement.
Os regimes aduaneiros especiais, como o Drawback
, distinguem-se dos comuns de importacao e exportacao, pela concessao de incentivos fiscais respectivos aos impostos incidentes no comercio exterior.
Summary: Mumbai (Maharashtra) [India], Dec 12 (BusinesswireIndia): Welcoming the announcement of the new Duty Drawback
rates, Chairman of The Cotton Textiles Export Promotion Council (TEXPROCIL), Dr K.
In his statement, he said that the Ministry of Commerce and Textile (Textile Division) sought feedback from stakeholders on duty drawback
of taxes 2017-18 under the amended Prime Minister package.
Once our technicians once service or repair any your lg product no matter drawback
you faced that product the matter never repeat.
The earlier package provided for conditional duty drawback
scheme which would only allow such facility to exporters who export 10% more than the previous year.
Well-informed source told to Research Analyst-PAGE that the ministry had estimated Rs 38.7 billion for garments sector at 7 percent duty drawback
but after discussion the amount was slashed to Rs 37.6 billion.
The government has acceded to the demand of the exporters to provide duty drawback
of local taxes and levies they paid on buying inputs from the local market.
"After due notice from Customs, holders of VAT Drawback
TCCs may apply for monetization and claim subject to existing budgeting, accounting and auditing law, rules and regulations," Customs said.
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KARACHI -- Chairman, Pakistan Tanners Association, Sheikh Saqib Saeed Masood has said in a press statement that very huge amounts of Duty Drawback
& Sales Tax Refund Claims of the member exporters are stuck-up with the Collectorates concerned and have not been cleared so far despite numerous reminders issued to FBR.