Just a moment...

Top
Help
×

By creating an account you can:

Logo TaxTMI
>
Call Us / Help / Feedback

Contact Us At :

E-mail: [email protected]

Call / WhatsApp at: +91 99117 96707

For more information, Check Contact Us

FAQs :

To know Frequently Asked Questions, Check FAQs

Most Asked Video Tutorials :

For more tutorials, Check Video Tutorials

Submit Feedback/Suggestion :

Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
TMI Blog
Home / TMI Blogs / RSS

Drawback --- payment under EDI system – CIF/C&F price

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....e The question of processing of drawback claims under the EDI system at the sea ports when the price is declared on CIF/C&F basis has been under examination of the Board following references received in this behalf from some of the Commissioner of Customs. 2. In this context, attention is invited to para 13 of Board's minutes issued vide letter F.No.605/160/99-DBK dated 21.10.99 wherein inst....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....een that drawback claims which are now made on the shipping bill itself can be finalised on most immediate basis using EDI. Considering very large number of shipments under drawback claims, it will cause considerable administrative problems if one has to give a provisional drawback claim and later entertain a supplementary drawback claim on the basis of actual freight details being made known on t....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....exporter must file a declaration of the freight payable for the consignment on the basis of the standard published freight schedule. However, the exporter should review each case of shipment after export has taken place and if the freight borne by him is higher than the one declared in the shipping bill, he would immediately on his own pay back to the customs the excess amount of drawback claimed/....