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Interest on Delayed Duty Drawback Payments Affirmed for Civil Construction Works Under Exim Policy 1992-1997.

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Full Text of the Document

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....Rejection of the request for interest on the amount of duty drawback paid - Duty Exemption Scheme - The Supreme Court upheld the Karnataka High Court's decision, affirming that the respondent was entitled to interest on delayed duty drawback payments for civil construction works under the deemed export category of the Exim Policy 1992-1997.....