Section 2(42) of CGST Act: Meaning of “Drawback”

Definition of the term “Drawback” under the Central Goods and Services Tax (CGST) Act, 2017

As per Section 2(42) of the Central Goods and Services Tax (CGST) Act, 2017, unless the context otherwise requires, the term “drawback” in relation to any goods manufactured in India and exported, means the rebate of duty, tax or cess chargeable on any imported inputs or on any domestic inputs or input services used in the manufacture of such goods.

Central Goods and Services Tax (CGST) Act, 2017 (Chapter-wise/ Section-wise)

Section 2 of CGST Act, 2017: Definitions

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