DUTY DRAW BACK

[SURYAKANT MITHBAVKAR]

We had received drawback on Dec.2009 but failed to produce proof of realisation of export process till date due to lack of knowldge now we received letter from Customs and directed to payback the amount of drawback with interest.

We have the proof of realisation of export process kindly advice us whether we can sumit proof immediately. if yes is there any format applicable

[Snehal Kulkarni]

Sorry to say, we wont got your querry.

Normally the Drawback is process immediately after filing of the EGM electronically and credited to respective account if dont have any query.

Since you are saying that the Customs have asked to produce the BRC, then it may possible that your Drawback is pending for credit.

If so, then approach to Drawback Department, take the Prinout of the Query. Forward the query along with the proper documents as asked in query on a letter head of your organisation and keep the acknowledge copy with you.

If the Customs have asked to produce the BRCs related to the Past Drawback Claims, then forward your reply in continuation with the letter received from Customs to the concern drawback officer along with the Copies of BRC's.

There is no specific format for this.

 

 

 

 

 

[kalyanaraman Venkatraman]

Dear Suryakant,

Please submit the bank realisation certificate to custom in connection to notice received. There will not be any issue.

Ensure, whether realisation has made with in six month from the date of export.

Regards

Raman

AI Summary

Duty drawback compliance: submit bank realisation certificate promptly and retain acknowledgement on company letterhead to address customs query. Where a drawback claim is queried, the exporter should submit the Bank Realisation Certificate and other requested documents to the concerned drawback officer on the organisation's letterhead, retain an acknowledgement, and ensure export realisation occurred within the prescribed realisation period; there is no prescribed format for BRCs but failure to produce proof may lead to recovery of drawback with interest.