https://www.taxtmi.com/circulars?id=68836 An incorrect USD rate was fed into ICES on 07-09-2023, causing 464 shipping bills across INTUT1 and INTUT6 to receive excess Drawback, RoDTEP and RoSCTL. Stakeholders must reverse the excess amounts with interest and submit proof and detailed calculation worksheets to the Drawback & IGST Refund Section; non-compliance will invite fines and penalties under the Customs Act 1962. Detailed lists of affected shipping bills are enclosed and a contact is provided for difficulties. en-us Wed, 10 Jul 2024 00:00:00 +0530 Wed, 15 Oct 2025 12:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=68836 An incorrect USD rate was fed into ICES on 07-09-2023, causing 464 shipping bills across INTUT1 and INTUT6 to receive excess Drawback, RoDTEP and RoSCTL. Stakeholders must reverse the excess amounts with interest and submit proof and detailed calculation worksheets to the Drawback & IGST Refund Section; non-compliance will invite fines and penalties under the Customs Act 1962. Detailed lists of affected shipping bills are enclosed and a contact is provided for difficulties. Circulars Customs Wed, 10 Jul 2024 00:00:00 +0530 https://www.taxtmi.com/circulars?id=68836