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2017 (4) TMI 76

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..... instructions would submit that on coming to know of the wrong credit being effected into their drawback account, they have immediately contacted the Customs Department and remitted the amount back to the Customs Department by Demand Draft dated 1-8-2016 - Held that: - the second respondent is directed to consider all these aspects and if there is no other dispute with regard to the balance of S .....

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..... us, to direct the second respondent to refund the Drawback amount of ₹ 59,79,927/-, to the petitioner along with interest at the rate of 6% per annum. 3. The petitioner is a company, engaged in the manufacture and export of Yarn Dyed Woven Fabrics. During the period commencing from August, 2014 to May, 2016, it exported PTC Cotton and PTC Polyester Yarn dyed woven fabrics to various forei .....

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..... -6-2016, and since no appreciable action was taken, the petitioner has filed this writ petition setting out the factual details apart from referring to Circular No. 1 of 2008 and Circular No. 1013 of 2016, which are guidelines for implementation of e-payment of refund/repaid. 6. During the pendency of the writ petition, an additional affidavit has been filed by the petitioner stating that on 20 .....

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..... itioner is payable statutorily. However, at this juncture, this Court is not inclined to adjudicate as to whether interest is payable and the quantum of interest, as the second respondent is yet to take a decision on the matter. 7. The learned counsel for the fourth respondent on instructions would submit that on coming to know of the wrong credit being effected into their drawback account, the .....

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