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Home Highlights February 2024 Year 2024 This

Recovery of Duty drawback - period for realization of export ...


Court Allows Reconsideration of Duty Drawback Case, Quashes Order, and Remands for Further Review of Export Proceeds Evidence.

February 29, 2024

Case Laws     Customs     HC

Recovery of Duty drawback - period for realization of export proceeds - The High court acknowledges the prima facie evidence provided by the petitioner, indicating realization of export proceeds. - Despite the delay in filing the writ petition, the court deems it appropriate to provide an opportunity for reconsideration based on the presented evidence. - The court quashes the impugned order and remands the matter for re-consideration, allowing the petitioner to submit relevant documents regarding the realization of export proceeds.

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