https://www.taxtmi.com/forum/issue?id=2963 A 100% EOU received rupee payment from ECGC for an unpaid export; AD Category I banks may write off export bills where insurers confirm settlement, and such write offs are not limited by earlier percentage caps. Surrender of incentives follows the Foreign Trade Policy. Importantly, claims settled in rupees by ECGC or IRDA regulated insurers are not to be construed as export realisation in foreign exchange, raising doubt about counting such receipts against export obligation for EOUs. en-us Tue, 19 Apr 2011 11:53:35 +0530 Thu, 23 Jan 2025 15:58:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=2963 A 100% EOU received rupee payment from ECGC for an unpaid export; AD Category I banks may write off export bills where insurers confirm settlement, and such write offs are not limited by earlier percentage caps. Surrender of incentives follows the Foreign Trade Policy. Importantly, claims settled in rupees by ECGC or IRDA regulated insurers are not to be construed as export realisation in foreign exchange, raising doubt about counting such receipts against export obligation for EOUs. Discussion-Forum Customs Tue, 19 Apr 2011 11:53:35 +0530 https://www.taxtmi.com/forum/issue?id=2963