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Interest on drawback

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Full Text of the Document

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....not paid within a period of one month from the date of filing a claim for payment of such drawback, there shall be paid to that claimant in addition to the amount of drawback, interest at the rate fix....

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Full Text of the Document

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....terest at the rate fixed under 1[section 28AA] and the amount of interest shall be calculated for the period beginning from the date of payment of such drawback to the claimant till the date of recove....