Value Addition
4.1.2
The value addition for the purposes of this chapter (Except for the Gems and Jewellery) shall be:-
V.A= | A - B _____________ B | x 100, where |
V.A. Value Addition
A FOB value of the export realised / FOR value of supply received.
B CIF value of the imported inputs covered by the authorisation, plus any other imported materials used on which the benefit of duty drawback is being claimed.