Business Standard

'Prior export proceeds realisation must for refund on export of services'

If you want to re-import the exported goods under the notification 158/95-Cus dated 14th November 1995 that would not be possible as the one year time limit is already over

WTO, trade
Premium

Representative Image

TNC Rajagopalan

Listen to This Article

Can we get RoDTEP benefits for exports to Nepal?

Condition number 7 in the notification 76/2021-Cus (NT) dated 23rd September 2021 on the manner of issuing duty credit for goods exported under the RoDTEP scheme says that the duty credit under the scheme for exports made to Nepal, Bhutan and Myanmar shall be allowed only upon realisation of sale proceeds against irrevocable letters of credit in freely convertible currency established by the importers in Nepal, Bhutan and Myanmar in favour of Indian exporters for the value of such goods.

What are the standard exclusions in a marine insurance policy?

The
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in