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2 result(s) for "Export"
FAQ
What is the difference between RoDTEP and duty drawback?
Both refund embedded costs on exports, but they cover different components — drawback traditionally refunds customs duties on inputs, while RoDTEP was introduced to cover a broader range of previously non-refunded taxes and levies. Check current DGFT notifications for exact scope and rates.
FAQ
What happens if the documents don't match the LC exactly?
A mismatch is called a "discrepancy." The issuing bank can refuse payment until the discrepancy is corrected or the buyer waives it, so exporters should check documents carefully before presentation.