Duty Drawback on Export made to nepal/bhutan- Challenges or issue

[Sudhir M]

Hi, What are the procedure and challenges for claiming duty drawback for export to Nepal / Bhutan if payment is received in: (A) foreign currency (B) INR

AI Summary

Duty Drawback Complexities Unravel: Export Payment Mechanisms to Nepal and Bhutan Decoded Post-2019 Regulatory Shifts A discussion forum explores duty drawback challenges for exports to Nepal and Bhutan. Participants discuss export payment scenarios, highlighting that after February 2019, exports to these countries are considered normal exports. Key points include currency considerations, export contract denominations, and payment realizations through various mechanisms like Vostro accounts and foreign exchange regulations.