Question

Which of the following do not form part of duty drawback scheme?

• A. Refund of excise duties
• B. Refund of customs duties
• C. Refund of export duties
• D. Refund of income dock charges at the port of shipment

Answer 1

The correct option is D Refund of income dock charges at the port of shipment

Major duty drawbacks include refund of excess duties paid on goods meant for export, refund of custom duties paid on raw materials and machines imported for export production.