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accounting practices

Demystifying Duty Drawback: A Comprehensive Guide from Eligibility to Accounting Treatment

Certainly! Here’s a detailed guide focused on Duty Drawback, covering its definition, eligibility criteria, application process, accounting treatment, and key considerations: Guide to Duty Drawback 1. What is Duty Drawback? Duty Drawback refers to the refund, reduction, or waiver in whole or in part of customs duties assessed or collected upon the importation of goods […]

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