https://www.taxtmi.com/caselaws?id=363235 The Tribunal dismissed the appeal regarding interest liability in a case involving manufacturers and exporters of fabrics who claimed drawback on exported garments. The Tribunal upheld the requirement for interest payment along with the repayment of excess drawback, citing Section 75A of the Customs Act and a High Court judgment. This decision clarifies the legal obligations of claimants in similar cases, establishing a precedent for the recovery of excess drawback amounts and the associated liability for interest payment under the Customs Act. en-us Wed, 25 Apr 2018 00:00:00 +0530 Tue, 10 Jul 2018 07:31:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=363235 The Tribunal dismissed the appeal regarding interest liability in a case involving manufacturers and exporters of fabrics who claimed drawback on exported garments. The Tribunal upheld the requirement for interest payment along with the repayment of excess drawback, citing Section 75A of the Customs Act and a High Court judgment. This decision clarifies the legal obligations of claimants in similar cases, establishing a precedent for the recovery of excess drawback amounts and the associated liability for interest payment under the Customs Act. Case-Laws Customs Wed, 25 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=363235