100% write off of outstanding export dues

Jayanta Bandyopadhyay (229 Points)

17 October 2023  

We are unable to recover full export dues as foreign buyers in Kenya is not cooperating over last 5 years. Can AD have right to write off entire dues based on CA certificate plus embassy docs WITHOUT RBI APPROVAL ?  FEMA HAVE POSSIBLY DELEGATED RIGJT TO BANK. PL GUIDE WITH CIRCULAR REF