RoDTEP and RoSCTL benefit computation clarified for short realisation, FOB deductions, and ECGC compensation treatment. Clarification is issued on the computation of remission or rebate under RoDTEP and RoSCTL where export proceeds are short realised. Benefit may be allowed on the full Free on Board value without deducting agency commission and bank charges, provided such deductions, separately or together, remain within the overall limit of 12.5% of the FOB value. If the charges exceed that limit, the excess is to be deducted for granting the benefit.
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Provisions expressly mentioned in the judgment/order text.
RoDTEP and RoSCTL benefit computation clarified for short realisation, FOB deductions, and ECGC compensation treatment.
Clarification is issued on the computation of remission or rebate under RoDTEP and RoSCTL where export proceeds are short realised. Benefit may be allowed on the full Free on Board value without deducting agency commission and bank charges, provided such deductions, separately or together, remain within the overall limit of 12.5% of the FOB value. If the charges exceed that limit, the excess is to be deducted for granting the benefit.
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