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Advance payment of exort sales
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....dvance payment of exort sales<br> Query (Issue) Started By: - satbir singh wahi Dated:- 8-3-2013 Last Reply Date:- 12-3-2013 Customs - Exim - SEZ<br>Got 2 Replies<br>Customs<br>advance payment receive....
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....d on 13.10.2011 in bank . Export made on 15.01.2013. The export not made within one year of advance. Now what is the procedure to get this payment adjusted against exort made. As Bank says it is defau....
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....lt. Is there any procedure to be followed with RBI to get default corrected. Reply By Pradeep Khatri: The Reply: Compounding is the way out for such types of offences. Reply By CA Seetharaman K C: ....
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....The Reply: Please resort to compunding as suggested by learned Shri Khatri<br> Discussion Forum - Knowledge Sharing ....