Monitoring of realisation of export proceeds for shipping bills for which drawback has been claimed and disbursed-
X X X X Extracts X X X X
X X X X Extracts X X X X
....o. 137/2018 Subject: Monitoring of realisation of export proceeds for shipping bills for which drawback has been claimed and disbursed-Reg. <>0<> Attention of exporters, custom brokers, export promotion councils and Authorised Dealers (Banks) is invited to the fact that monitoring of realisation of export proceeds is required to be done online through the RBI-BRC Module with effect from 01.04.2....
X X X X Extracts X X X X
X X X X Extracts X X X X
....sed to follow up with their authorised dealer bank for updating the export proceeds realisation details in the respective bank's EDPMS system so that data is transmitted to customs for reconciliation, failing which suitable alerts shall be placed against the defaulting exporters and show cause notices shall be issued for recovery of drawback disbursed along with interest. It is further informed th....


TaxTMI