https://www.taxtmi.com/circulars?id=8015 Payment of drawback is governed by the Customs Act and Drawback Rules, which require recovery of drawback where export proceeds are not realized; settlements by ECGC or waivers of realization under the Foreign Trade Policy do not exempt exporters from recovery. The Board directs recovery action in all such non realization cases and issuance of Public Notice and Standing Order for guidance. en-us Tue, 23 Mar 2010 00:00:00 +0530 Thu, 25 Mar 2010 14:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=8015 Payment of drawback is governed by the Customs Act and Drawback Rules, which require recovery of drawback where export proceeds are not realized; settlements by ECGC or waivers of realization under the Foreign Trade Policy do not exempt exporters from recovery. The Board directs recovery action in all such non realization cases and issuance of Public Notice and Standing Order for guidance. Circulars Customs Tue, 23 Mar 2010 00:00:00 +0530 https://www.taxtmi.com/circulars?id=8015