https://www.taxtmi.com/caselaws?id=445221 Export drawback could not be denied where the export proceeds were ultimately realised in full and the bank realisation certificates were accepted on verification. Delay in receiving part of the proceeds beyond the prescribed period was treated as a procedural lapse, not a failure of the substantive export and realisation requirement. As no revenue loss was shown and the beneficial export incentive scheme was otherwise satisfied, technical non-compliance was held insufficient to justify recovery of the drawback amount. en-us Fri, 20 Oct 2023 00:00:00 +0530 Fri, 03 Nov 2023 08:20:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=445221 Export drawback could not be denied where the export proceeds were ultimately realised in full and the bank realisation certificates were accepted on verification. Delay in receiving part of the proceeds beyond the prescribed period was treated as a procedural lapse, not a failure of the substantive export and realisation requirement. As no revenue loss was shown and the beneficial export incentive scheme was otherwise satisfied, technical non-compliance was held insufficient to justify recovery of the drawback amount. Case-Laws Customs Fri, 20 Oct 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=445221