DUTY DRAWBACK SYSTEM title: duty drawback system (SD-FT) (SAP Library - Glossary)
DUTY DRAWBACK SYSTEM category: Foreign Trade (SD-FT)
DUTY DRAWBACK SYSTEM explained:
The refund of all or part of customs duties, or domestic tax paid on imported merchandise that was subsequently manufactured into a different article or re-exported.
The purpose of the drawback is to enable a domestic manufacturer to compete in foreign markets without having to include in the cost and sales price the duty paid on imported raw materials or merchandise used in the manufacture of the exported goods.
More terms such as duty drawback system in Dictionary D.
- Manual Detailed Navigation:
- Help An area containing user folders, pages, and iViews displayed by default in the navigation panel, which is a hierarchical continuation of the top-level navigation duty drawback system definition.
- Manual Disk Pack:
- Help A removable assembly of magnetic disks. A disk pack is a portable set of flat, circular recording surfaces used in a disk storage device duty drawback system explain.
- Manual Discount Factor (FS-BA-SD):
- Help by which a future cash flow is multiplied in order to obtain its present value. The discount factor used will depend on the amount of time between the current date and the future payment date duty drawback system what is.
- Manual Debit Memo Procedure:
- Help for payments made by automatic debit transfer (direct debit). This term covers the following types of payment procedure: Direct debiting procedure (authorization to bank) Automatic debit transfer duty drawback system meaning.
- Manual Distribution Order:
- Help distribution list during picking when a material is distributed in a distribution center using the merchandise-driven flow-through method. A distribution order can also contain information for the duty drawback system abbreviation.
