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the entity's grant of 1c per litre for the 100 litres to which the refund relates may be reduced by the drawback, refund, rebate or remission of excise or customs duty but only to the extent of the grant on the 100 litres, or 2. the entity's grant of 1c per litre for the 100 litres to which the refund relates may be reduced by the drawback, refund, rebate or remission of excise or customs duty beyond the amount of the grant resulting in a liability for the client, or 3. the total grant payable to the entity for the particular entitlement would be reduced by the amount of the drawback, refund, rebate or remission of duty. This would result in the entitlement of 1c per litre on 1,000 litres being reduced by the amount of the refund payable in respect of the 100 litres. Hence there would be no grant remaining in respect of any of the 1,000 litres.
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