June 6, 2024 8:08 AM
CBIC initiates electronic disbursement of duty drawback amount directly to exporter’s bank account through PFMS
In an effort to facilitate trade, Central Board of Indirect Taxes and Customs (CBIC) has started electronically disburse duty drawback amount directly to exporter’s bank account with effect from yesterday. In a release, the Ministry of Finance said that the payment of duty drawback amou...