we had already export the good under duty drawback but we had yet not recd the duty drawback amount in our account. now can we convert our shipping bills from duty drawback to advance lic
conversion of shipping bill from Duty Drawback to advance license
Guest
Conversion of Duty Drawback shipping bill to Advance Licence may be restricted under Circular No.36/2010-Customs guidance. Conversion of a shipping bill filed under Duty Drawback-where drawback payment has not been received-into an Advance Licence is addressed by CIRCULAR NO. 36/2010-CUSTOMS; the cited guidance indicates such conversion may not be allowed. (AI Summary)
TaxTMI
TaxTMI