We exported in Sep 2020 and realised 90% of shopping boll value before shipment but 10% only in Dec 21. Dept asks proportionate refund of DBK plus interest. Could we avoid this?
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Refund of DBK and SCN u/s 75 of Customs act
Replies (3)
Drawback needs to be reversed only for non payment and not delayed payment.
But Sec 75[1] and Rule 16A mention about time period, unless extended by RBI. Here, no extension of time frame. So we are in a dilemma
Extension is always there for exports proceeds realization
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