https://www.taxtmi.com/caselaws?id=180664 The High Court directed the Revisional Authority to verify the documentary evidence provided by the petitioner regarding the realization of export proceeds within the extended period granted by RBI. Upon verification, it was confirmed that all E-BRCs submitted were genuine, and the extension granted by RBI was valid. As the export proceeds were realized within the extended period, the demand for recovery of sanctioned drawback claims was deemed legally unsustainable. Consequently, the Government set aside the demand for recovery, allowing the revision applications and providing relief to the applicant. en-us Wed, 21 May 2014 00:00:00 +0530 Thu, 31 Mar 2016 10:39:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=180664 The High Court directed the Revisional Authority to verify the documentary evidence provided by the petitioner regarding the realization of export proceeds within the extended period granted by RBI. Upon verification, it was confirmed that all E-BRCs submitted were genuine, and the extension granted by RBI was valid. As the export proceeds were realized within the extended period, the demand for recovery of sanctioned drawback claims was deemed legally unsustainable. Consequently, the Government set aside the demand for recovery, allowing the revision applications and providing relief to the applicant. Case-Laws Customs Wed, 21 May 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=180664