https://www.taxtmi.com/caselaws?id=42247 The drawback scheme under the Customs Act and the Drawback Rules permits revision of a rate fixed on an enhanced claim, and Rule 14 enables recovery where drawback has been paid erroneously or in excess. The rate is not confined to an initial determination under Rule 3; a refixation under Rule 7 is legally permissible where the claimed drawback exceeds the statutory ceiling. The exporter's purchase price for the imported material is relevant because drawback is a rebate of duty and cannot exceed three-fourths of the duty actually paid on the imported goods. The reduced drawback rate was therefore upheld. en-us Fri, 24 Apr 1987 00:00:00 +0530 Thu, 10 Jun 2010 10:41:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=42247 The drawback scheme under the Customs Act and the Drawback Rules permits revision of a rate fixed on an enhanced claim, and Rule 14 enables recovery where drawback has been paid erroneously or in excess. The rate is not confined to an initial determination under Rule 3; a refixation under Rule 7 is legally permissible where the claimed drawback exceeds the statutory ceiling. The exporter's purchase price for the imported material is relevant because drawback is a rebate of duty and cannot exceed three-fourths of the duty actually paid on the imported goods. The reduced drawback rate was therefore upheld. Case-Laws Customs Fri, 24 Apr 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=42247