Sunday, April 17, 2011

Customs - Duty Drawback not payable if EXPORT PROCEEDS NOT REALISED as per FEMA,1999

Circular No.7/2010 Dt 23.3.2010
Drawback(DBK) not payable whr EXPORT PROCEEDS NOT REALISED as per FEMA,1999 even if the claim has been settled by ECGC or realisation waived by RBI.

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