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of <h1>Delhi Trade Dept. Prioritizes Export Refunds: Red, Yellow, Standard Tags Based on Registration Duration.</h1> The circular from the Department of Trade and Taxes, Delhi, outlines procedures for processing refund claims related to 100% export activities. It prioritizes these claims by categorizing exporters based on their registration duration: over 15 years (red tag/priority), 8-15 years (yellow tag/urgent), and less than 8 years (standard processing). The circular mandates verification of specific documents like DVAT forms, purchase invoices, and shipping bills. Exporters must provide an undertaking confirming no local/interstate sales and submit a Bank Realization Certificate upon receipt. Other refund claims will follow existing guidelines. The circular emphasizes timely processing of export-related refunds.
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