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    <title>Clarification regarding duty drawback allowed in cases of short realization of export proceeds due to bank charges deducted by foreign banks</title>
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    <description>Duty drawback may be permitted on FOB value without deducting foreign bank charges; foreign bank charges are allowed to be considered within the overall agency commission limit, but where agency commission and foreign bank charges together exceed that overall limit, the excess must be deducted from the FOB value for granting drawback. Exporters should apply to the Assistant Commissioner (Drawback) for regularization of short realization and report implementation difficulties to the office.</description>
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    <pubDate>Wed, 09 Oct 2019 00:00:00 +0530</pubDate>
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      <title>Clarification regarding duty drawback allowed in cases of short realization of export proceeds due to bank charges deducted by foreign banks</title>
      <link>https://www.taxtmi.com/circulars?id=62813</link>
      <description>Duty drawback may be permitted on FOB value without deducting foreign bank charges; foreign bank charges are allowed to be considered within the overall agency commission limit, but where agency commission and foreign bank charges together exceed that overall limit, the excess must be deducted from the FOB value for granting drawback. Exporters should apply to the Assistant Commissioner (Drawback) for regularization of short realization and report implementation difficulties to the office.</description>
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      <pubDate>Wed, 09 Oct 2019 00:00:00 +0530</pubDate>
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