https://www.taxtmi.com/acts?id=30880 Where drawback has been paid but export sale proceeds are not realised within the permitted period under foreign exchange rules, Customs will issue a notice for evidence of realisation; failure to produce evidence within thirty days leads to an order to recover the drawback, with proportionate recovery if part proceeds are realised and further recovery by established procedures if repayment is not made. Recovered drawback is repayable if proceeds are realised and evidence produced within three months (extendable with a fee), and recovery is avoided where export credit insurance compensation, regulatory write-off of realisation, and a foreign mission certificate are produced. en-us Fri, 22 Sep 2017 18:45:00 +0530 Fri, 22 Sep 2017 18:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=30880 Where drawback has been paid but export sale proceeds are not realised within the permitted period under foreign exchange rules, Customs will issue a notice for evidence of realisation; failure to produce evidence within thirty days leads to an order to recover the drawback, with proportionate recovery if part proceeds are realised and further recovery by established procedures if repayment is not made. Recovered drawback is repayable if proceeds are realised and evidence produced within three months (extendable with a fee), and recovery is avoided where export credit insurance compensation, regulatory write-off of realisation, and a foreign mission certificate are produced. Act-Rules Customs Fri, 22 Sep 2017 18:45:00 +0530 https://www.taxtmi.com/acts?id=30880