4.1
- Document type
- Policy
- Reference no.
- O
- Dated
Duty Exemption and Remission Schemes
CHAPTER 4
DUTY EXEMPTION & REMISSION SCHEMES
4.1
Duty Exemption and Remission Schemes
(a) Duty exemption schemes enable duty free import of inputs required for export production. Duty Exemption Schemes consist of:
(i) Advance Authorisation; and
(ii) Duty Free Import Authorisation (DFIA).
(b) Duty Remission Scheme enables post export replenishment / remission of duty on inputs used in export product. Duty remission schemes consist of:
(i) Duty Entitlement Passbook (DEPB) Scheme (discontinued for exports made on or after 1.10.2011); and
(ii) Duty Drawback (DBK) Scheme.