Payment of drawback and interest: exporter or authorised agent receives funds; payment date is cheque issue or account credit. Payment of drawback and interest shall be made by the proper Customs officer to the exporter or an agent authorised by the exporter. The officer may combine one or more claims and issue a consolidated order, adjusting any amount already paid. The deemed date of payment is the date of issue of a cheque or the date of credit to the exporter's account maintained with the Custom House.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Payment of drawback and interest: exporter or authorised agent receives funds; payment date is cheque issue or account credit.
Payment of drawback and interest shall be made by the proper Customs officer to the exporter or an agent authorised by the exporter. The officer may combine one or more claims and issue a consolidated order, adjusting any amount already paid. The deemed date of payment is the date of issue of a cheque or the date of credit to the exporter's account maintained with the Custom House.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
