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Duty drawback - foreign convertible currency, Customs - Exim - SEZ |
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Duty drawback - foreign convertible currency |
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Is it an essential requirement to realise the export proceeds in foreign convertible currency for claiming of duty drawback u/s 75 of Customs Act. Posts / Replies Showing Replies 1 to 1 of 1 Records Page: 1
Yes, it is an essential requirement for realising export proceeds as per FAMA - See Rule 16A of Customs, Central Excise Duties and Service Tax Drawback Rules, 1995 in "Customs Section" of this site.
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