Amends Customs, Central Excise Duties and Service Tax Drawback Rules, 1995

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..... toms (N.T.) New Delhi, 11th April, 2011 Amends Customs, Central Excise Duties and Service Tax Drawback Rules, 1995 G.S.R 312 (E). - In exercise of the powers conferred by section 75 of the Customs Act, 1962 (52 of 1962), section 37 of the Central Excise Act, 1944 (1 of 1944) and section 93A read with section 94 of the Finance Act, 1994 (32 of 1994), the Central Govern .....

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..... allowed under the Foreign Exchange Management Act, 1999 (42 of 1999), but such non- realisation of sale proceeds is compensated by the Export Credit Guarantee Corporation of India Ltd. under an insurance cover and the Reserve Bank of India writes off the requirement of realisation of sale proceeds on merits and the exporter produces a certificate from the concerned Foreign Mission of India abou .....

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