https://www.taxtmi.com/forum/issue?id=110879 Whether exporters must return proportionate duty drawback when foreign remittances are reduced by remitting bank charges or discounts is disputed. One view cites Rule 16A recommending conservative repayment of drawback with interest; alternate views treat bank deductions as post receipt expenses (bank charges/interest) recorded in the exporter's books and not a basis for reversal. en-us Wed, 07 Sep 2016 11:30:29 +0530 Thu, 23 Jan 2025 15:56:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=110879 Whether exporters must return proportionate duty drawback when foreign remittances are reduced by remitting bank charges or discounts is disputed. One view cites Rule 16A recommending conservative repayment of drawback with interest; alternate views treat bank deductions as post receipt expenses (bank charges/interest) recorded in the exporter's books and not a basis for reversal. Discussion-Forum Customs Wed, 07 Sep 2016 11:30:29 +0530 https://www.taxtmi.com/forum/issue?id=110879