Customs Duty Drawbacks & Customs Duty Refunds & Liability of Freight Forwarders in India
Customs Duty Drawbacks in India refer to the refund of customs duties paid on imported goods that are subsequently re-exported. Customs Duty Refunds, on the other hand, pertain to the reimbursement of excess customs duties paid due to errors or specific scenarios. Freight forwarders, acting as intermediaries, facilitate international shipping. They aren’t directly liable for customs duties, but inaccurate documentation or non-compliance can lead to penalties. Read more
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