Monitoring of export proceeds: recovery notices and administrative action for unrealized export remittances under duty drawback. Each Customs House must maintain a dedicated cell to monitor realization of export proceeds for Duty Drawback consignments using EDI and an export remittance confirmation module to identify unrealized proceeds; notices must be issued for recovery and adjudication pursued time bound. If notices are returned undelivered due to nonexistent recipients or addresses, exporters must be reported to trade regulatory authorities to enable action under foreign trade law and possible cancellation of IE Codes for incorrect addresses.
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Monitoring of export proceeds: recovery notices and administrative action for unrealized export remittances under duty drawback.
Each Customs House must maintain a dedicated cell to monitor realization of export proceeds for Duty Drawback consignments using EDI and an export remittance confirmation module to identify unrealized proceeds; notices must be issued for recovery and adjudication pursued time bound. If notices are returned undelivered due to nonexistent recipients or addresses, exporters must be reported to trade regulatory authorities to enable action under foreign trade law and possible cancellation of IE Codes for incorrect addresses.
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