Handbook on Drawback of Duties & Taxes

This Handbook on Drawback of Duties & Taxes (17th Edition, 2024) by R. Krishnan and R. Parthasarathy is a comprehensive and practical guide for understanding, calculating, and claiming duty drawback and tax refunds applicable to exports. Updated with all relevant notifications and provisions, it covers the latest All Industry Rates of Duty Drawback for 2023-2024, making it an indispensable reference for exporters, customs professionals, and trade consultants.
The book provides complete coverage of statutory provisions, procedural requirements, and government schemes governing duty drawback and related tax rebates. It is designed for easy application in real-world export scenarios, ensuring that readers can accurately determine eligibility, prepare claims, and comply with legal requirements.
The content includes:
• All Industry Rates of Duty Drawback for 2023-2024 with applicable Notification No. 77/2023-Cus. (N.T.), dated 29-9-2023, as amended
• Rebate of State Levies on export of garments and other specified goods
• Remission of Duties and Taxes on Exported Products (RoDTEP Scheme)
• Refund of taxes paid under the GST regime with effect from 1-7-2017
• Refund of customs duties on re-export of goods
• Procedural guidance on filing drawback claims with customs authorities
• Clarifications on documentation, timelines, and compliance requirements
• Key government circulars and trade notices relevant to exporters
This edition is particularly suitable for:
• Exporters seeking to maximize refund entitlements and reduce export costs
• Customs brokers and freight forwarders handling drawback claims for clients
• Chartered accountants, tax consultants, and trade advisors
• Compliance officers in export-oriented units (EOUs) and special economic zones (SEZs)
• Students and academicians studying international trade and customs laws
Whether used as a ready reckoner in day-to-day export operations or as a detailed study resource, this updated handbook ensures accuracy, efficiency, and compliance in claiming drawback and tax refunds for exports in 2023–2024.