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Govt Notifies New Duty Drawback Rates From Oct 1
The government today came out with modified duty drawback rates for exporters, evoking the sharp reaction from the apparel industry which will witness the reduction in tax refunds. The new All Industry Rates of Duty drawback, the refund of duties on ...
What Is The Difference Between Tax And Duty?
We hear the terms tax and duty and often get confused between the two. In fact, there is a big difference between the two and they are not freely interchangeable. In fact, they should not be used one for the other. ...
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