<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Monitoring of realization of export proceeds for shipping bills for which drawback has been claimed and disbursed</title>
    <link>https://www.taxtmi.com/circulars?id=71044</link>
    <description>Export-proceeds realization for shipping bills with disbursed drawback is monitored through the RBI-BRC Module in EDI. Proceeds must be realized within the prescribed period unless extended by the RBI; otherwise, the related drawback is recoverable with applicable interest. Exporters must ensure that authorized dealer banks update realization details in EDPMS for Customs reconciliation and may use ICEGATE to verify or seek rectification of shipment-wise data. Short realization due to foreign-bank charges or overseas agency commission requires documentary substantiation.</description>
    <language>en-us</language>
    <pubDate>Fri, 25 Mar 2022 00:00:00 +0530</pubDate>
    <lastBuildDate>Mon, 31 Aug 2026 11:56:03 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=919887" rel="self" type="application/rss+xml"/>
    <item>
      <title>Monitoring of realization of export proceeds for shipping bills for which drawback has been claimed and disbursed</title>
      <link>https://www.taxtmi.com/circulars?id=71044</link>
      <description>Export-proceeds realization for shipping bills with disbursed drawback is monitored through the RBI-BRC Module in EDI. Proceeds must be realized within the prescribed period unless extended by the RBI; otherwise, the related drawback is recoverable with applicable interest. Exporters must ensure that authorized dealer banks update realization details in EDPMS for Customs reconciliation and may use ICEGATE to verify or seek rectification of shipment-wise data. Short realization due to foreign-bank charges or overseas agency commission requires documentary substantiation.</description>
      <category>Circulars</category>
      <law>Customs</law>
      <pubDate>Fri, 25 Mar 2022 00:00:00 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/circulars?id=71044</guid>
    </item>
  </channel>
</rss>