Amends Customs, Central Excise Duties and Service Tax Drawback Rules, 1995

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....x Drawback Rules, 1995 G.S.R 312 (E). -  In exercise of the powers conferred by section 75 of the Customs Act, 1962 (52 of 1962), section 37 of the Central Excise Act, 1944 (1 of 1944) and section 93A read with section 94 of the Finance Act, 1994 (32 of 1994), the Central Government hereby makes the following rules further to amend the Customs, Central Excise Duties and Service Tax Drawbac....

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.... realisation of sale proceeds is compensated by the Export Credit Guarantee Corporation of India Ltd. under an insurance cover and the Reserve Bank of India writes off the requirement of realisation of sale proceeds on merits and the exporter produces a certificate from the concerned Foreign Mission of India  about the fact of non-recovery of sale proceeds from the buyer, the amount of drawba....