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Unit 11: Warehousing and Duty Drawback

Substitution Unused Merchandise: Merchandise that is commercially interchangeable with Notes
imported merchandise upon which duties and taxes were paid and that has not been used, is
exported or destroyed under Customs supervision. 99 percent of the duties, taxes or fees paid on
the merchandise may be recovered as drawback.
Unused Merchandise: Imported merchandise is unused and exported or destroyed under Customs
supervision. 99 percent of the duties, taxes or fees paid on the merchandise may be recovered as
drawback.

11.13 Review Questions

1. Describe about appointment and registration of ware houses.
2. Explain about Receipts of goods at warehouse.
3. Describe mode of calculating quantity of goods warehoused.
4. Explain clearance of goods for home consumption.

5. Describe about payment of rent and warehouse dues.
6. Explain about place of registration of warehouse.
7. Describe about Duty Drawback.

8. What do you know about Rejected Merchandise?
9. Explain about payment of Drawback claims.

Answers: Self Assessment

1. Warehousing 2. Commissioner
3. Goods 4. Warehoused
5. Public 6. Powers

7. Consignor 8. Public
9. Table 10. Commissioner
11. Private 12. Registered
13. Rule 11 14. Countersign

15. Warehouses
11.14 Further Readings

Books Ahuja, Dr. Girish and Gupta, Dr. Ravi, Direct Taxes Law & Practice including Tax
Planning, 18th Edition 2008-09, Bharat Law House Pvt. Ltd.
Chanchal Kr Nag, Direct & Indirect Tax Laws & Practice, NCB Agency

Singhania, Dr. Vinod K. and Singhania, Dr. Kapil, Direct Taxes Law & Practice with
Special Reference to Tax Planning, 41st, Edition 2009-10, Taxman’s.
VS Datey, Indirect Tax Laws, CHH India

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