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Issue ID: 113092
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Drawback under INR Currency

Date 22 Nov 2017
Replies5 Replies
Views 6519 Views
Duty drawback eligibility depends on approved payment realisation methods even if the shipping bill is in INR.
Entitlement to duty drawback is not determined solely by the currency stated on the shipping bill; the critical requirement is that export proceeds be realised in an approved manner-generally foreign currency or Indian currency routed through a Vostro account-and compliance with export policy conditions governs eligibility for drawback and other export benefits. (AI Summary)

Sir,

Can exporter get Duty drawback from customs for their exports shipment if the shipping bill currency is INR , for any destination , if yes , is there is any notification/circular regarding this ?

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