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ELIGIBILITY of DBK

Customs - Started By: - Kishan Barai - Dated:- 30-4-2016 Last Replied Date:- 2-5-2016 - What is the maximum amount which can be charged on invoice to avail DBK. I have seen that Indian customs do not provide drawback if the product is overpriced but what is the rate of overprice 55% 150% 155% or other ??Please enlighten. - Reply By surya narayana - The Reply = Dear Friend,There is no such restriction on the export value if the transaction is genuine. However, if the Department is in doubt about .....

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on clearing the documents on after verification of all documents at the valuation prices and others comparably and past records. The excess valuation can not be found out latter on based on other sources. Hence assessment should not be recalled once again based on the documents. Please note the point has to be looked into before taking for revaluation since it will affect the business of the company.ThanksV.SRINIVASAN - Reply By Kishan Barai - The Reply = Thanks a lot Suryanarayana Sir. - Reply .....

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