https://www.taxtmi.com/article/detailed?id=9145 Procedures govern the write-off of unrealized export bills, permitting self-write-off or bank write-off within prescribed percentage limits of prior year realised export proceeds, subject to complete documentary evidence of uncollectibility (insolvency, untraceability, destruction of goods, mediation failure, or disproportionate legal costs). Banks must report write-offs via the Reserve Bank's Export Data Processing and Monitoring System (EDPMS), obtain Chartered Accountant certification for self-write-off applications, ensure surrender of export incentives, adjust write-offs where ECGC/insurance settlements apply, perform audit checks, caution-list exporters for prolonged open bills or investigations, and refer exceptional cases to the RBI. en-us Mon, 04 May 2020 12:39:17 +0530 Mon, 04 May 2020 12:39:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=9145 Procedures govern the write-off of unrealized export bills, permitting self-write-off or bank write-off within prescribed percentage limits of prior year realised export proceeds, subject to complete documentary evidence of uncollectibility (insolvency, untraceability, destruction of goods, mediation failure, or disproportionate legal costs). Banks must report write-offs via the Reserve Bank's Export Data Processing and Monitoring System (EDPMS), obtain Chartered Accountant certification for self-write-off applications, ensure surrender of export incentives, adjust write-offs where ECGC/insurance settlements apply, perform audit checks, caution-list exporters for prolonged open bills or investigations, and refer exceptional cases to the RBI. Articles Customs - Import - Export - SEZ Mon, 04 May 2020 12:39:17 +0530 https://www.taxtmi.com/article/detailed?id=9145