https://www.taxtmi.com/caselaws?id=447701 The Madras HC held that recovery proceedings for drawback relating to alleged non-realization of export proceeds cannot be sustained after 12 years. The court found that attempting to recover drawback for shipping bills from 2004-09 after nearly 12 years was unreasonable and failed the test of reasonableness. The recovery order was set aside and the writ petition was disposed of, establishing that such delayed recovery proceedings are impermissible due to the excessive time lapse. en-us Wed, 01 Nov 2023 00:00:00 +0530 Tue, 02 Jan 2024 18:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=447701 The Madras HC held that recovery proceedings for drawback relating to alleged non-realization of export proceeds cannot be sustained after 12 years. The court found that attempting to recover drawback for shipping bills from 2004-09 after nearly 12 years was unreasonable and failed the test of reasonableness. The recovery order was set aside and the writ petition was disposed of, establishing that such delayed recovery proceedings are impermissible due to the excessive time lapse. Case-Laws Customs Wed, 01 Nov 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=447701