https://www.taxtmi.com/caselaws?id=449173 Duty exemption and duty drawback entitlement for supplies to civil construction projects was affirmed where supplies qualified as deemed exports under the Exim Policy, entitling contractors to drawback. The document explains that duty free imports under special imprest licences and related categories permit suppliers to be treated as deemed exporters, and that delayed payment of drawback attracts interest under the Customs Act; the applicable interest rate is the rate fixed by the Central Government for the purpose of the statutory interest provision, which in the cited instance was fifteen percent per annum, producing an entitlement to refund plus interest at that rate. en-us Mon, 05 Feb 2024 00:00:00 +0530 Wed, 21 Jan 2026 14:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=449173 Duty exemption and duty drawback entitlement for supplies to civil construction projects was affirmed where supplies qualified as deemed exports under the Exim Policy, entitling contractors to drawback. The document explains that duty free imports under special imprest licences and related categories permit suppliers to be treated as deemed exporters, and that delayed payment of drawback attracts interest under the Customs Act; the applicable interest rate is the rate fixed by the Central Government for the purpose of the statutory interest provision, which in the cited instance was fifteen percent per annum, producing an entitlement to refund plus interest at that rate. Case-Laws Customs Mon, 05 Feb 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=449173