When Input-Output co-efficient is necessary to get duty drawback?
26/05/16 at 9:36 am
When duty drawback is given on the basis of actual rate, determination of input-output coefficient is necessary.
The Input-Output Co-efficient is not fixed and is subject to change.
However, in the case of drawback based on flat rate, this co-efficient is not necessary, because there is an NBR office order as to the amount of drawback to be given for each item on a flat rate basis.
[This is for informational purposes only. In case of contradiction of conflict with relevant Act/Rules, provisions mentioned
or referred to in the said Act/Rules shall prevail.]