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<h1>India-Nepal Trade Treaty Revised: Duty Refund Procedure Eliminated for Exports to Nepal, Effective March 1, 2012.</h1> The Revised Treaty of Trade between India and Nepal aligns exports to Nepal with those to other countries, excluding Bhutan. Six notifications issued on December 5, 2011, amend previous notifications to eliminate the existing Duty Refund Procedure (DRP) for exports to Nepal. These changes are effective from March 1, 2012. The circular requests that any difficulties encountered in implementing the revised procedure be reported to the Board and advises that field formations and trade be informed accordingly. A Hindi version of the circular will be provided.