alleryStart learning →What share of duty is repaid as drawback on re-export of duty-paid imported goods under section 74?
A50 per cent
B75 per cent
C98 per cent
D100 per cent
Answer & Solution
Correct answer: C. 98 per cent
Section 74(1) repays ninety-eight per cent of the duty paid as drawback when identifiable goods are re-exported.
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