Revised Treaty of Trade between India and Nepal.

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..... All Chief Commissioners of LTU Sir/Madam, Sub: Revised Treaty of Trade between India and Nepal. As you are aware, Duty refund procedure (DRP) prescribed by Notification No. 20/2004-CE(NT) dated 6.9.2004 has been rescinded vide Notification No. 25/2011-CE(NT) dated 5.12.2011 w.e.f 1st March, 2012. Export to Nepal under claim of rebate is permissible under Notification No. 19/2004-CE(NT) dated .....

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..... rified that such exports shall be treated as exports under the DRP procedure and duty refund will accordingly be credited to the Govt. of Nepal as per the procedure laid down under the DRP. The rebate element will not be admissible to Indian exporters in respect of such goods. 3. Further, Board has also been requested to clarify whether exports under claim of rebate under amended Notifications No .....

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