We exported in Sep 2020 and realised 90% of shopping boll value before shipment but 10% only in Dec 21. Dept asks proportionate refund of DBK plus interest. Could we avoid this?
We exported in Sep 2020 and realised 90% of shopping boll value before shipment but 10% only in Dec 21. Dept asks proportionate refund of DBK plus interest. Could we avoid this?
But Sec 75[1] and Rule 16A mention about time period, unless extended by RBI. Here, no extension of time frame. So we are in a dilemma
T R SOOD & CO
New Delhi
CA Inter
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Rahul Dang & Associates-Chartered Accountants
Pune
CA Inter
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