https://www.taxtmi.com/forum/issue?id=116281 Duty drawback paid must be recovered where export sale proceeds are not realised within the foreign exchange period. Customs issues notice for evidence of realisation and, failing production, recovers drawback; partial realisation leads to proportionate recovery. If proceeds are realised later within the permitted period and evidence is produced within a limited window, the recovered drawback will be repaid, with a possible extension by the principal customs authority on payment of a prescribed application fee. en-us Sat, 09 May 2020 15:24:36 +0530 Thu, 23 Jan 2025 15:54:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=116281 Duty drawback paid must be recovered where export sale proceeds are not realised within the foreign exchange period. Customs issues notice for evidence of realisation and, failing production, recovers drawback; partial realisation leads to proportionate recovery. If proceeds are realised later within the permitted period and evidence is produced within a limited window, the recovered drawback will be repaid, with a possible extension by the principal customs authority on payment of a prescribed application fee. Discussion-Forum Customs Sat, 09 May 2020 15:24:36 +0530 https://www.taxtmi.com/forum/issue?id=116281