https://www.taxtmi.com/caselaws?id=780670 CESTAT upheld recovery of drawback under Rule 16/16A of the Drawback Rules read with s.75 of the Customs Act, finding remittances did not represent realised sale proceeds and DRI conducted independent investigation without undue delay; recovery with interest sustained. The penalty imposed under s.114(i) and (iii) was set aside. Appeal allowed in part. en-us Fri, 31 Oct 2025 00:00:00 +0530 Tue, 04 Nov 2025 08:03:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=780670 CESTAT upheld recovery of drawback under Rule 16/16A of the Drawback Rules read with s.75 of the Customs Act, finding remittances did not represent realised sale proceeds and DRI conducted independent investigation without undue delay; recovery with interest sustained. The penalty imposed under s.114(i) and (iii) was set aside. Appeal allowed in part. Case-Laws Customs Fri, 31 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=780670