Reply: The detail of refunded amount (duty drawback granted) is as follows:
Year
2006 07
2007 08
2008 09
2009 10
2010 11
Drawback amount (Rs in Crores)
5646
7595
12101
9218
8859
The duty drawback amount is based on likely duty suffered on the inputs and input services used in the manufacture of export goods or the class of such export goods. The "cap" or maximum amount for certain specified goods are provided to discourage over valuation of the goods exported.
Argentina 12:
12. From the afore mentioned paragraphs, it is evident that India imposes a complex system of import duties, as there are many additional taxes, at varying rates and based on criteria which are somewhat complex.
Will the government of India to simplify this system?
