Power bank definition limits the customs-duty exclusion, preserving concessional treatment for stationary, grid-scale and industrial battery storage s...
Packing-material input credits support inverted-duty refunds for packaged tea, while rate-reduction and concessional-supply circulars remain inapplica...
Rule 16 of the Duty Drawback Rules contains no express limitation period for recovery, but recovery for failure to produce proof of realisation of export proceeds must be initiated within a reasonable period assessed on the facts. A delay exceeding seven years, without any allegation of fraudulent availment or suppression, was treated as unreasonable where the export business had closed and supporting records were unavailable. The drawback-recovery order was set aside and refund directed. The availability of a statutory appeal did not bar writ relief in these circumstances.
Rule 16 of the Duty Drawback Rules contains no express limitation period for recovery, but recovery for failure to produce proof of realisation of export proceeds must be initiated within a reasonable period assessed on the facts. A delay exceeding seven years, without any allegation of fraudulent availment or suppression, was treated as unreasonable where the export business had closed and supporting records were unavailable. The drawback-recovery order was set aside and refund directed. The availability of a statutory appeal did not bar writ relief in these circumstances.
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TaxTMI 
TaxTMI 
