https://www.taxtmi.com/caselaws?id=180665 Drawback already availed is recoverable where export proceeds are not realised within the period permitted under the Foreign Exchange Management Act, 1999, and no valid Reserve Bank of India extension is produced. Rule 16A of the Customs, Central Excise and Service Tax Duty Drawback Rules, 1995 authorises recovery in that situation, and delayed bank certificates do not cure the failure to prove timely realisation or an extended period. On the recorded facts, the export proceeds were realised beyond time and no RBI extension was shown, so the recovery of drawback was upheld. en-us Mon, 18 May 2015 00:00:00 +0530 Thu, 31 Mar 2016 10:39:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=180665 Drawback already availed is recoverable where export proceeds are not realised within the period permitted under the Foreign Exchange Management Act, 1999, and no valid Reserve Bank of India extension is produced. Rule 16A of the Customs, Central Excise and Service Tax Duty Drawback Rules, 1995 authorises recovery in that situation, and delayed bank certificates do not cure the failure to prove timely realisation or an extended period. On the recorded facts, the export proceeds were realised beyond time and no RBI extension was shown, so the recovery of drawback was upheld. Case-Laws Customs Mon, 18 May 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=180665