Recovery of drawback must be enforced where export proceeds remain unrealized despite ECGC settlement or realization waiver. Payment of drawback is governed by the Customs Act and Drawback Rules, which require recovery of drawback where export proceeds are not realized; settlements by ECGC or waivers of realization under the Foreign Trade Policy do not exempt exporters from recovery. The Board directs recovery action in all such non realization cases and issuance of Public Notice and Standing Order for guidance.
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.
Recovery of drawback must be enforced where export proceeds remain unrealized despite ECGC settlement or realization waiver.
Payment of drawback is governed by the Customs Act and Drawback Rules, which require recovery of drawback where export proceeds are not realized; settlements by ECGC or waivers of realization under the Foreign Trade Policy do not exempt exporters from recovery. The Board directs recovery action in all such non realization cases and issuance of Public Notice and Standing Order for guidance.
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