About this document
Choosing Between Advance License and Duty Drawback by sivakumar118 is a document available to read on EtoBox.
The document compares and contrasts Advance Licence and Duty Drawback schemes. It notes that while Advance Licence allows importing raw materials at duty-free prices pre-export, Duty Drawback provides a rebate after export but involves a notional loss of interest. However, it cautions that several other factors must be considered before deciding, such as whether the goods are included in SION norms, eligibility for bank guarantees, and ability to monitor export obligations. If applying for non-norms Advance
- Author
- sivakumar118
- Language
- EN