DUTY DRAWBACK ON MOTOR CARS OR GOODS IMPORTED FOR PERSONAL USE AND SUBSEQUENTLY RE-EXPORTED:

In respect of a motor car or goods imported by a person for his personal and private use ,drawback of duty shall be equal to the import duty paid in respect of such motor car or goods as REDUCED BY 4% ,3% ,2.5% AND 2%  for use for each quarter or part thereof during the period of first year ,second year ,third year and fourth year respectively.

Note- In case the above period is more than 2 years ,drawback shall be allowed only if the Board has extended the period beyond 2 years ,on sufficient cause being shown but no drawback if used for more than 4 years