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of <h1>Duty Refund Procedure Changes for Exports to Nepal Post-Notification Rescindment Effective March 1, 2012.</h1> The circular addresses changes in the duty refund procedure (DRP) following the rescinding of Notification No. 20/2004-CE(NT), effective from March 1, 2012. Exports to Nepal under rebate claims are permissible under amended notifications. Goods cleared under DRP invoices before March 1, 2012, but not yet exported, will be treated as DRP exports, and the duty refund will be credited to the Government of Nepal. The circular clarifies that exports to Nepal can be made regardless of whether payments are in Indian or foreign currency, provided they comply with RBI guidelines. Any issues should be reported to the Board.
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