Business Studies, asked by sharanya8480, 5 months ago

Duty drawback is the refund of duty chargeable on

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Answered by vivek2526

1

Answer:

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Explanation:

Duty Drawback scheme was introduced by the Ministry of Finance as a rebate for duty chargeable on any imported materials or excisable materials used in manufacture or processing of goods, manufactured in India and exported. ... Section 75 of the Act, empowers duty drawback on export of manufactured articles.

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