Customs Act Article 63

I. Customs duty paid on raw materials used in the manufacture of articles intended for export is refundable following exportation of the finished products according to the standards for the raw materials in the quantity required for normal production, unless the item of duty refund has been cancelled by the MOF by public notice or the amount of the refundable duty, or percentage of it in the FOB price of the finished products is lower than the floor prescribed by the MOF.II.Customs duty leviable on raw materials may be recorded in books with guarantees provided by the manufacturers and offset following the exportation of the finished products.III.Manufacturer may apply for a duty refund or an offsetting of the accounts for export products, with relevant export documents, within one year and six months following the date on which the raw materials were released for importation. After the expiration of the prescribed time limit, the application for a duty refund or offset shall be rejected.IV.The time limit referred to in the preceding paragraph may be extended under special circumstances approved by the MOF. Such an extension shall not exceed one year.V. Regulations governing the refund and offsetting of customs duty paid on raw materials, the approval standards and calculations of such a refund or offset, application procedure, time limits, guarantees provided, records of the offset on accounts and any other required matters shall be prescribed by the MOF.