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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>New Customs Procedure: Exporters Must Surrender Ineligible Drawback Amounts with Interest, Streamlined for Quick Processing Within 10 Days.</h1> The circular from the Office of the Commissioner of Customs (Export) outlines a new procedure for exporters to surrender ineligible Drawback amounts. Exporters must calculate the amount and interest to be returned, submit a filled Challan, and provide a letter with supporting documents to the Assistant or Deputy Commissioner (Drawback). The process involves verification by a Computist and review by a Superintendent before final instructions are issued. If the payment is correct, the case is closed within 10 working days. The streamlined procedure aims to reduce unnecessary steps and expedite the process.
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