What Is Drawback Shipping Bill?

(3) Drawback Shipping Bill: It is used in case when refund of duties is allowed on the goods exported. Generally, it is printed on green paper, but when the drawback claim is paid to a bank, then it is printed on yellow paper.

How is drawback calculated?

Duty drawback is the sum of the following amounts: Customs duty that is paid on imported input goods. ... Excise duty that is paid on indigenous input goods. Duty that is paid on packing material.

What is drawback claim?

Drawback is a refund of the Customs duties and certain fees paid on imported merchandise as well as the refund of certain very specific Internal Revenue taxes. ... A claim for drawback may not be filed prior to the date of exportation.