Entrepreneurship Development and Communication Skills

7.3.11.Duty Exemption and Remission Schemes

 

Duty exemption schemes enable duty free import of inputs required for export production. Duty Exemption Schemes consist of (a) Advance Authorization scheme and (b) Duty Free Import Authorization (DFIA) scheme. A Duty Remission scheme enables post export replenishment / remission of duty on inputs used in export product. Duty remission Schemes consist of (a) Duty Entitlement Passbook (DEPB) Scheme and (b) Duty Drawback (DBK) Scheme.