https://www.taxtmi.com/circulars?id=63271 Duty drawback may be granted on the FOB value without deducting foreign bank charges; foreign bank service charges and agency commission are allowable only within an overall limit of 1.25% of the FOB value, and any amounts exceeding that limit must be deducted from the FOB value when granting duty drawback. Prior show cause notices and requests to regularise short realisation due to foreign bank charges, supported by documentary evidence, are to be considered on merit. en-us Tue, 19 Nov 2019 00:00:00 +0530 Wed, 04 Dec 2019 14:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=63271 Duty drawback may be granted on the FOB value without deducting foreign bank charges; foreign bank service charges and agency commission are allowable only within an overall limit of 1.25% of the FOB value, and any amounts exceeding that limit must be deducted from the FOB value when granting duty drawback. Prior show cause notices and requests to regularise short realisation due to foreign bank charges, supported by documentary evidence, are to be considered on merit. Circulars Customs Tue, 19 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/circulars?id=63271