information about Duty Drawback Scheme ?
Duty Drawback is a trusted and time-tested scheme administeredby CBIC to promote exports. It rebates the incidence of Customsand Central Excise duties, chargeable on imported and excisablematerial respectively when used as inputs for goods to beexported. This WTO compliant scheme ensures that exports arezero-rated and do not carry the burden of the specified taxes.Duty Drawback provides essential support to exporters.