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    <title>Clarification regarding duty drawback allowed in cases of short realisation of export proceeds due to bank charges deducted by foreign banks</title>
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    <description>Duty drawback may be permitted on the FOB value without deducting foreign bank charges where such charges are documented service fees by intermediary banks; these charges are to be treated within the overall agency commission limit previously accepted by the Board, and any agency commission plus foreign bank charges exceeding that overall limit must be deducted from FOB for duty drawback. Customs field formations should regularise cases on merits based on documentary evidence and address existing show cause notices accordingly.</description>
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    <pubDate>Wed, 09 Oct 2019 00:00:00 +0530</pubDate>
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      <description>Duty drawback may be permitted on the FOB value without deducting foreign bank charges where such charges are documented service fees by intermediary banks; these charges are to be treated within the overall agency commission limit previously accepted by the Board, and any agency commission plus foreign bank charges exceeding that overall limit must be deducted from FOB for duty drawback. Customs field formations should regularise cases on merits based on documentary evidence and address existing show cause notices accordingly.</description>
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      <pubDate>Wed, 09 Oct 2019 00:00:00 +0530</pubDate>
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