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of <h1>Section 75A: Interest on Customs Drawback Claims Explained; Entitlements and Repayment Obligations Under Sections 27A and 28AA.</h1> Section 75A of the Customs Act, 1962, addresses interest on customs drawback. If a drawback claim under sections 74 or 75 is not paid within one month of filing, the claimant is entitled to interest, as per section 27A, from the end of that month until payment. Conversely, if a drawback is erroneously paid or becomes recoverable, the claimant must repay it with interest, as per section 28AA, calculated from the date of initial payment until recovery, within two months of the demand.
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