https://www.taxtmi.com/caselaws?id=278866 Recovery of drawback was unwarranted where export proceeds were realised within the prescribed period, because Rule 16/16A of the Customs, Central Excise and Service Tax Drawback Rules, 1995 permits recovery only when foreign exchange is not realised in time. The delayed filing of the Chartered Accountant's certificate required by a departmental circular was treated as a procedural lapse, not a breach attracting recovery under the drawback rules. With the outstanding amount on one shipping bill already voluntarily deposited with interest, there was no basis to sustain recovery of the remaining drawback. en-us Mon, 01 Jan 2018 00:00:00 +0530 Sat, 23 Feb 2019 08:47:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=278866 Recovery of drawback was unwarranted where export proceeds were realised within the prescribed period, because Rule 16/16A of the Customs, Central Excise and Service Tax Drawback Rules, 1995 permits recovery only when foreign exchange is not realised in time. The delayed filing of the Chartered Accountant's certificate required by a departmental circular was treated as a procedural lapse, not a breach attracting recovery under the drawback rules. With the outstanding amount on one shipping bill already voluntarily deposited with interest, there was no basis to sustain recovery of the remaining drawback. Case-Laws Customs Mon, 01 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=278866