Duty DrawbackReceiving a refund for your paid Customs
What is Duty Drawback?
Deemed Exports are supplies that do not leave country, are paid in Indian Rupees or in free foreign exchange, but are still deemed to have been exported, because they compete with the duty free imports. They are eligible for almost all benefits of physical exports but not for DEPB/FMS/FPS/SFIS and
Sales Tax. The benefits of Advance Authorization / DFIA / EPCG (Export Promotion Capital Goods) and Drawback are available on inputs, while Exemption from or refund of Excise Duty is available on output.
The policy aims to create a level playing field for the domestic industry direct import by providing duty free inputs or exemption/refund of duty paid on goods manufactured in India. Deemed Export Scheme is primarily an instrument for import substitution. It helps in creating manufacturing capability, value addition and employment opportunities in country
Enquire about Duty Drawback
EOU’s, BTP, EHTP, STP
Supplies to EOU, BTP, EHTP, STP from DTA (Domestic Tariff Area) are considered deemed exports. This gives rise to certain benefits to the suppliers to the EOUs etc. They can get the Advance Authorization for their imports for the purpose of supplies to EOUs. They can also get the drawbacks for their supplies.
The benefits can be taken by the suppliers or the EOU themselves.
What We Do
We Kelular Consulting assist you in assessing the feasibility of the scheme for your purpose, complete planning, costing at the stage of tendering etc. Then we assist in carrying out all the formalities, documentation, application preparations, representation and coordination with the relevant authorities till receipt of relevant Authorizations or Duty Drawbacks in the hands of the client. We Kelular Consulting can assist the suppliers to EOU or EOU themselves get the benefits of deemed exports like Drawback, Advance License, Excise refund etc. The job includes complete work of carrying out all the formalities, documentation, application preparations, representation and coordination with the relevant authorities to get the final benefit in the hands of the client.
These are given on the following basis
All Industry Rate
Exporters covered under this drawback schedule can get the drawback at the prescribed rates for the customs of port of export.Brand Rate
If exporters not covered under the drawback schedule,they can file for drawback under brand rate of fixation to recover the duties actually suffered in the processSpecial Brand Rates
can be fixed in case the All Industry rates are available but is less than 4/5th of the actual duty suffered.
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