https://www.taxtmi.com/notifications?id=23547 The amendment creates a non recovery exception in rule 16A: drawback paid shall not be recovered where sale proceeds are not realised within the permitted period but the non realisation is compensated by export credit insurance, the financial regulator writes off the realisation requirement on merits, and the exporter produces a certificate from the relevant foreign mission confirming non recovery. en-us Mon, 11 Apr 2011 00:00:00 +0530 Fri, 22 Aug 2025 18:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=23547 The amendment creates a non recovery exception in rule 16A: drawback paid shall not be recovered where sale proceeds are not realised within the permitted period but the non realisation is compensated by export credit insurance, the financial regulator writes off the realisation requirement on merits, and the exporter produces a certificate from the relevant foreign mission confirming non recovery. Notifications Customs Mon, 11 Apr 2011 00:00:00 +0530 https://www.taxtmi.com/notifications?id=23547