We are import our input u/r FTA ( Foreign Trade Agreement ) availing customs Noft.No.44/2011 to exemption on Customs duty components and paying the only part of IGST and Cess , then we have to processed our inputs and converts to final product , the final product export and claim the export benefit of Duty Drawback under All India Rate with condition of CENVAT Duty availed.
Question is are we eligible to Duty Drawback ?
My concerns is if we are claim FTA benefit and our input is coming Zero % Duty and we are claim of duty Drawback und ( AIR )
Plese suggest your advice on export benefit
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Duty drawback is not admissible to Advance Licence holder.
However you are entitled to claim brand rate of duty drawback in respect of inputs which are not imported against the advance licence and on which duty has been paid.