Drawback Recovery where Export Sale - Proceeds not Realiised

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..... realised by exporters Attention is invited to changes made in Customs and Central Excise Duties Drawback Rules, 1995 by Notification No. 72/95-Customs and Central Excise (NT) dated the 6th December, 1995. By the aforesaid notification Rule 16A was introduced prescribing the procedure for recovery of drawback paid where export proceeds were not realised by the exporter. No detailed proce .....

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..... en realised. Pending development of software, the Custom House disbursing drawback should collect and co-relate the data based on the XO.S. statement received from the zonal offices of the R.B.I. and take necessary action for recovery of drawback where the export proceeds have not been realised. A consolidated statement in the enclosed proforma should be furnished to the Ministry by 10th day of ev .....

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..... 6. The total amount for which demand issued upto the end of the month. 7. The total amount realised upto the end of the month. 8. The amount yet to be recovered. 9. The reasons for non-recovery of outstanding amount. - Circular - Trade Notice - Public Notice - Instructions - Office orders Tax Management India - taxmanagementindia - taxmanagement - tax .....

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