The Head/Principal Offices of all
Authorized Dealers in Foreign Exchange
Dear Sirs,
FREIGHT
SUBSIDY CLAIMS IN RESPECT OF
EXPORTS CONSIGNMENTS.
All Authorized Dealers are informed
that the audit firm assigned the task of pre-audit of freight
subsidy claims by Export Promotion Bureau has pointed out
discrepancies of different nature due to which payment of
freight subsidy are being delayed.
2.
A list of such observations made is attached and Authorized
Dealers are advised to take appropriate steps to eliminate
the shortcomings and ensure that due care is exercised in
processing freight subsidy claims at their branches before
lodgment of the same.
3.
Please bring the above to the notice of your constituents
Encl.
As above.