https://www.taxtmi.com/circulars?id=2210 Refund of export proceeds is permitted where goods exported from India are being re imported on account of poor quality; AD Category I banks that realised the proceeds may consider requests provided they exercise due diligence on the exporter, verify bonafides, obtain a certificate confirming no incentives were availed or that proportionate incentives were surrendered, secure an undertaking that goods will be re imported within three months of remittance, and ensure compliance with normal import procedures. en-us Thu, 05 Apr 2007 00:00:00 +0530 Wed, 18 Feb 2026 17:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=2210 Refund of export proceeds is permitted where goods exported from India are being re imported on account of poor quality; AD Category I banks that realised the proceeds may consider requests provided they exercise due diligence on the exporter, verify bonafides, obtain a certificate confirming no incentives were availed or that proportionate incentives were surrendered, secure an undertaking that goods will be re imported within three months of remittance, and ensure compliance with normal import procedures. Circulars FEMA Thu, 05 Apr 2007 00:00:00 +0530 https://www.taxtmi.com/circulars?id=2210