TMI BlogAdvance payment of exort salesX X X X Extracts X X X X X X X X Extracts X X X X ..... advance payment received on 13.10.2011 in bank . Export made on 15.01.2013. The export not made within one year of advance. Now what is the procedure to get this payment adjusted against exort made. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... As Bank says it is default. Is there any procedure to be followed with RBI to get default corrected. - Reply By Pradeep Khatri - The Reply = Compounding is the way out for such types of offences. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... - Reply By CA Seetharaman K C - The Reply = Please resort to compunding as suggested by learned Shri Khatri - Advance payment of exort sales - Query Started By: - satbir singh wahi Dated:- 8-3-2013 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Customs - Import - Export - Customs - SEZ - Got 2 Replies - Customs - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxm ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... anagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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