Where any drawback payable to any claimant u/s 74 or 75 is not ...
Interest Payable on Late Drawback u/ss 74 or 75; Section 75A and 27A Guidelines Apply.
May 11, 2017
Case Laws Customs HC
Where any drawback payable to any claimant u/s 74 or 75 is not paid within the period set out under subsection (1) of Section 75A, then, there is an obligation to pay interest. That interest is to be paid at the rate fixed u/s 27A - The entitlement for interest is from the date after the expiry of the period of one month till the payment of such drawback. - HC
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