Hi,
A co due to ignorance did not claim duty drawback for the last 2.5 years..can they claim it now..is there any process..?
Regards.
Company Misses Duty Drawback Claim Deadline Due to Ignorance; Time Limit Passed, No Exceptions Apply A company failed to claim duty drawback for 2.5 years due to ignorance and inquired about the possibility of claiming it now. An expert clarified that the maximum time limit for filing drawback claims is one year from the Let Export Order date, with extensions up to 18 months for supplementary claims. The company's claim is time-barred, and no exceptions apply. Despite realizing the oversight within a year, the company missed the deadline as the required information was not included in the shipping bill. The expert reiterated that legal procedures must be followed, dismissing hearsay. (AI Summary)
Customs - Exim - SEZ