Page 136 - COMBINED QUESTIONS AND ANSWERS - EDITION 2019 - PART II_Neat

(ii) Rupees hundred
(iii) Rupees fifty
(iv) None of the above
A-520: iii - Rupees fifty
Q-521: Difference between the drawback of duty under Section 74 and Section 75 of the Customs
Act, 1962
A-521: The drawback is allowed on reexport of duty paid goods. Up to 98% of the duty paid
(except in certain cases where 100% duty drawback is allowed) may be given as a drawback
subject to conditions and safeguards prescribed in Section 74 of the Customs Act, 1962.
Whereas under Section 75 of the Customs Act, 1962, drawback is given to the duty paid on
the inputs which has been used in the manufacture of goods being exported subject to the
conditions and safeguards made in said Section.
Q-522: The interest on delayed payment of drawback to the exporter under Section 75(A)(1) of
Customs Act, 1962
(i) 4% per annum
(ii) 5% per annum
(iii) 6% per annum
(iv) 8% per annum
A-522: iii - 6% per annum
Q-523: The modes of export allowable for drawback u/s 75 are:
(i) Post and Cargo
(ii) Post, Cargo & Baggage

(iii) Cargo and Baggage
(iv) Post and Baggage
A-523: i - Post and Cargo
Q-524: Which one of the correct on the relevant date in case of filing drawback refund claim
(i) Date of let export order

(ii) Date of abandonment of goods
(iii) Date of destruction of goods
(iv) All of the above
A-524: iv - All of the above
Q-525: What are the goods cannot claim drawback of duty paid after importation in India on the
same goods exported out of India?
A-525: (i) Wearing apparel
(ii) Tea chests
(iii) Exposed cinematograph films passed by the Board of Film Censors in India
(iv) Unexposed photographic films, paper and plates, and X-ray films
Q-526: Explain the time limit under Section 75 of the Customs Act, 1962
A-526: The drawback claims should be filed in the manner prescribed in the Customs and
Central Excise Duties Drawback Rules, 2017 read with Public Notices issued by the Custom
Houses. The time limit for filing the claim is three months from the date of let export order.
If the exporter was prevented by sufficient cause FORM filing the claims within three
months, the Asst. Commissioner of Customs can relax the time limit of three months and the
Commissioner of Customs can relax the time limit for a period of nine months.

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