https://www.taxtmi.com/caselaws?id=43649 The court ruled in favor of the petitioners, holding that they were entitled to claim duty drawback only after rates were officially determined. The rejection of their claim by the Assistant Collector of Customs was deemed incorrect, and the court emphasized the petitioners' promptness in claiming duty drawback post the finalization of rates. The dismissal of their appeal and revision application was overturned, with the court directing the respondents to pay interest to the petitioners at a rate of 12% per annum from 1-4-1981 until payment, along with costs of the petition. en-us Thu, 02 Sep 1993 00:00:00 +0530 Sat, 19 Jun 2010 12:10:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=43649 The court ruled in favor of the petitioners, holding that they were entitled to claim duty drawback only after rates were officially determined. The rejection of their claim by the Assistant Collector of Customs was deemed incorrect, and the court emphasized the petitioners' promptness in claiming duty drawback post the finalization of rates. The dismissal of their appeal and revision application was overturned, with the court directing the respondents to pay interest to the petitioners at a rate of 12% per annum from 1-4-1981 until payment, along with costs of the petition. Case-Laws Customs Thu, 02 Sep 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=43649