Drawback recovery procedure: customs must use RBI XO.S. export non-realisation data to initiate recovery and monthly reporting. Customs must collect and correlate Reserve Bank XO.S. statements-now including Shipping Bill numbers and Port of Shipment-with their records to identify exports whose proceeds were not realised and initiate recovery of drawback under Rule 16A, while furnishing a monthly consolidated proforma to the Ministry tracking cases, amounts demanded, amounts realised and outstanding balances.
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Drawback recovery procedure: customs must use RBI XO.S. export non-realisation data to initiate recovery and monthly reporting.
Customs must collect and correlate Reserve Bank XO.S. statements-now including Shipping Bill numbers and Port of Shipment-with their records to identify exports whose proceeds were not realised and initiate recovery of drawback under Rule 16A, while furnishing a monthly consolidated proforma to the Ministry tracking cases, amounts demanded, amounts realised and outstanding balances.
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