https://www.taxtmi.com/acts?id=1053 Interest is payable on drawback under the Customs Act where drawback due under section 74 or section 75 is not paid within one month from the date of filing the claim. The claimant is entitled to interest at the rate fixed under section 27A from the day after expiry of the one-month period until payment. Where drawback has been paid erroneously or otherwise becomes recoverable, the claimant must repay it within two months from demand, together with interest at the rate fixed under section 28AA from the date of payment until recovery. en-us Sat, 19 Jan 2008 22:45:54 +0530 Thu, 18 Jun 2026 15:32:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=1053 Interest is payable on drawback under the Customs Act where drawback due under section 74 or section 75 is not paid within one month from the date of filing the claim. The claimant is entitled to interest at the rate fixed under section 27A from the day after expiry of the one-month period until payment. Where drawback has been paid erroneously or otherwise becomes recoverable, the claimant must repay it within two months from demand, together with interest at the rate fixed under section 28AA from the date of payment until recovery. Act-Rules Customs Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=1053