Drawback Rules, 1995 Rule 14 — Payment of drawback and interest
Drawback Rules, 1995 · Payment of drawback and interest
(1)The drawback under these rules and interest, if any, shall be paid by the proper officer of Customs to the exporter or to the agent specially authorised by the exporter to receive the said amount of drawback and interest.
(2)The officer of Customs may combine one or more claims for the purpose of payment of drawback and interest, if any, as well as adjustment of any amount of drawback and interest already paid and may issue a consolidated order for payment.
(3)The date of payment of drawback and interest, if any, shall be deemed to be, in the case of payment -
(a)by cheque, the date of issue of such cheque, or
(b)by credit in the exporter's account maintained with the Custom House, the date of such credit.
No case laws found for this provision yet.
Browse all case laws →No FAQs available for this provision yet.
Amendment History
No amendment records available for this provision.
Drawback Rules, 1995 Rule 14 — Payment of drawback and interest