question_answer 3)

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:

(d) Major duty draw-backs include refund of excise duties paid on goods meant for exports, refund of customs duties paid on raw materials and machines imported for export production.