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dooty exemption and remission schemes for inputs when you manufacture an export product the inputs and raw material that go into making the export product might suffer duties and taxes these duties and taxes make the product costly in the international market to make the product at par in the international market the government has designed various Duty exemption and remissions schemes to offset the input duties and taxes in short the mantra is products should be exported not the taxes chapter 4 of the foreign trade policy talks about these Duty exemption and remission schemes what are these schemes one duty remission scheme currently there is only one duty remission scheme which is that ministered by the customs department and is known as duty drawback scheme under Duty drawback scheme a percentage of total free onboard fo B price is reimbursed to the exporter directly to their bank accounts the percentage reimbursement varies from product to product depending on the duties generally
