SETTLEMENT COMMISSION IS HAVING JURISDICTION TO DEAL WITH THE QUESTION RELATING TO THE RECOVERY OF DRAW BACK ERRONEOUSLY PAID BY THE REVENUE

SETTLEMENT COMMISSION IS HAVING JURISDICTION TO DEAL WITH THE QUESTION RELATING TO THE RECOVERY OF DRAW BACK ERRONEOUSLY PAID BY THE REVENUE https://www.taxtmi.com/article/detailed?id=1022 The Settlement Commission may entertain applications for recovery of erroneously paid duty drawback when the applicant admits an additional duty liability, because duty drawback is a statutory refund/remission of customs duty and thus falls within the definition of 'case' for levy, assessment and collection of customs duty under the Act, enabling settlement under Section 127B(1). en-us Sun, 21 Nov 2010 00:00:00 +0530 Sun, 21 Nov 2010 21:59:43 +0530 TaxTMI RSS Generator SETTLEMENT COMMISSION IS HAVING JURISDICTION TO DEAL WITH THE QUESTION RELATING TO THE RECOVERY OF DRAW BACK ERRONEOUSLY PAID BY THE REVENUE https://www.taxtmi.com/article/detailed?id=1022 The Settlement Commission may entertain applications for recovery of erroneously paid duty drawback when the applicant admits an additional duty liability, because duty drawback is a statutory refund/remission of customs duty and thus falls within the definition of 'case' for levy, assessment and collection of customs duty under the Act, enabling settlement under Section 127B(1). Articles Customs - Import - Export - SEZ Sun, 21 Nov 2010 00:00:00 +0530 https://www.taxtmi.com/article/detailed?id=1022