Monitoring of export proceeds: exporters must submit correct BRCs and AD-coded certificates by deadline to avoid recovery action. Exporters must submit pending BRCs or negative statements for shipping bills with LEO dates within the specified period so entries in the BIRC module of ICES can be updated; many submissions are deficient for incorrect AD Codes, and exporters are directed to resubmit correct certificates or furnish CA/Authorised Dealer six monthly certificates as allowed. Contact nodal officers for assistance; failure to comply will result in recovery action under the Customs Act, 1962 to recoup drawback amounts with interest.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Monitoring of export proceeds: exporters must submit correct BRCs and AD-coded certificates by deadline to avoid recovery action.
Exporters must submit pending BRCs or negative statements for shipping bills with LEO dates within the specified period so entries in the BIRC module of ICES can be updated; many submissions are deficient for incorrect AD Codes, and exporters are directed to resubmit correct certificates or furnish CA/Authorised Dealer six monthly certificates as allowed. Contact nodal officers for assistance; failure to comply will result in recovery action under the Customs Act, 1962 to recoup drawback amounts with interest.
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