Drawback— PMV - verification at Customs House

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....(Present Market Value (PMV) under Drawback Scheme) are being routinely conducted by the Custom House, which is causing unnecessary delay in grant of drawback to the exporters 2. It is quite likely that frequent PMV verification would generate resentment and complaints of harassment from the exporting community. However, it may be appreciated that the statutory provision of section 76(1)(b) would....