https://www.taxtmi.com/notifications?id=17845 Insertion of rule 16A provides that where drawback was paid but export sale proceeds were not realised within the foreign exchange period, customs-on receiving information from the banking regulator-will issue a thirty-day notice for proof of realisation; absent such proof customs will order recovery of drawback to be repaid within sixty days, with proportional recovery if part proceeds were realised, enforcement under rule 16 if repayment fails, and refund of recovered amounts if proof of later realisation is produced within one year. en-us Wed, 06 Dec 1995 00:00:00 +0530 Tue, 28 Jul 2009 11:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=17845 Insertion of rule 16A provides that where drawback was paid but export sale proceeds were not realised within the foreign exchange period, customs-on receiving information from the banking regulator-will issue a thirty-day notice for proof of realisation; absent such proof customs will order recovery of drawback to be repaid within sixty days, with proportional recovery if part proceeds were realised, enforcement under rule 16 if repayment fails, and refund of recovered amounts if proof of later realisation is produced within one year. Notifications Customs Wed, 06 Dec 1995 00:00:00 +0530 https://www.taxtmi.com/notifications?id=17845