Guidelines on Processing DDB Refunds

[featured_image]
Download
Download is available until [expire_date]
  • Version
  • Download 12
  • File Size 181.14 KB
  • File Count 1
  • Create Date August 1, 2023
  • Last Updated August 23, 2023

Guidelines on Processing DDB Refunds

GUIDELINES ON THE DUTY DRAW BACK PROCESS.
Duty Drawback (DDB) is a refund of duty paid on imported raw materials used in
the manufacturing of products. When the product produced is exported then a
claim can be made on the taxes that were paid for the raw materials used in the
exported products. A manufacturing company desiring to enjoy Duty Draw must
register first. This requires the input – output ratios between the raw material and
finished product.

Print Friendly, PDF & Email
(Visited 103 times, 1 visits today)
Add to Bookmarks (0)
Print Friendly, PDF & Email

No Comments yet!

Your Email address will not be published.

Skip to content