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Bank Charges deducted from Foreign Payment

Customs - Started By: - Ashok Chopra - Dated:- 7-9-2016 Last Replied Date:- 18-9-2016 - Respected Forum, I am manufacturer-exporter receiving short foreign payment of $ 25.00 on account of Bank Charges of Foreign Bank. and in another case i am discou .....

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t of bank charges and bank interest. Please guide me accordingly. Also please provide me any clarification/guidlines/notification of any department or court order in this regard.Thanks and regard - Reply By YAGAY AND SUN - The Reply = Please read Rul .....

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ply = Sir, in my view no amount of duty drawback received need to be paid back to the Govt. The reason is the consideration is received in full, it the bank charges which has been dedcuted from the consideration. Whether the bank first credits the fu .....

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