Definition of drawback in English:

drawback

Line breaks: draw|back
Pronunciation: /ˈdrɔːbak
 
/

noun

  • 2 (also duty drawback) An amount of excise or import duty remitted on goods exported: they had been complaining of difficulties in getting quick reimbursement of duty drawback
    More example sentences
    • On the trade front, subsidies and duty drawbacks on inputs for exported goods were frequently used to promote exports.
    • Second, duty drawbacks on imported raw materials for exported manufactures - a policy that had been well established in the country since the days of William and Mary - were increased.
    • At the same time, the market expectation is that there is not likely to be any big relief on taxes and duty drawbacks.

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