Determine the rate of drawback, if period between date of clearance for home consumption and the date when the goods are placed under Customer Control for export more than 6 months but not more than 9 months:

CS Executive · Tax Laws · PYQS · June 2022
Determine the rate of drawback, if period between date of clearance for home consumption and the date when the goods are placed under Customer Control for export more than 6 months but not more than 9 months:
(A) 95%
(B) 85%
(C) 75%
(D) 65%

Answer & Explanation:

Correct Answer: Option (C)

Official answer key: (C).

Topics: Customs Act

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