https://www.taxtmi.com/circulars?id=62808 Duty drawback may be permitted on FOB value without deducting foreign bank charges, provided such charges fall within the overall agency commission ceiling recognised by customs policy; where combined agency commission and foreign bank charges exceed that ceiling, the excess must be deducted from FOB. Customs field formations should regularise short realisations caused by foreign bank charges on the basis of documentary evidence and revise show cause notices accordingly, treating the notice's directions as a Standing Order. en-us Thu, 26 Sep 2019 00:00:00 +0530 Wed, 16 Oct 2019 10:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=62808 Duty drawback may be permitted on FOB value without deducting foreign bank charges, provided such charges fall within the overall agency commission ceiling recognised by customs policy; where combined agency commission and foreign bank charges exceed that ceiling, the excess must be deducted from FOB. Customs field formations should regularise short realisations caused by foreign bank charges on the basis of documentary evidence and revise show cause notices accordingly, treating the notice's directions as a Standing Order. Circulars Customs Thu, 26 Sep 2019 00:00:00 +0530 https://www.taxtmi.com/circulars?id=62808