Interest on delayed refunds: claim procedure established using ANF 8A, filing requirements and authority for payment. ANF 8A provides the mechanism to claim interest on delayed refunds of Duty Drawback, Terminal Excise Duty on deemed exports, and Central Sales Tax to EOUs by filing a prescribed application with the same Regional Authority/Development Commissioner that sanctioned the claim; it requires specified applicant and claim particulars, supporting documents (approval letter, cheque and forwarding letter, interest calculation), signatures on each page, and a declaration undertaking compliance with Foreign Trade Policy and refund of any excess interest found on scrutiny.
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.
Interest on delayed refunds: claim procedure established using ANF 8A, filing requirements and authority for payment.
ANF 8A provides the mechanism to claim interest on delayed refunds of Duty Drawback, Terminal Excise Duty on deemed exports, and Central Sales Tax to EOUs by filing a prescribed application with the same Regional Authority/Development Commissioner that sanctioned the claim; it requires specified applicant and claim particulars, supporting documents (approval letter, cheque and forwarding letter, interest calculation), signatures on each page, and a declaration undertaking compliance with Foreign Trade Policy and refund of any excess interest found on scrutiny.
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