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TypeBare Act JurisdictionCentral Government

Finance Act 2007 Section 98

Amendment of Section 75a

~1 min read
https://sooperkanoon.com/act/443613

Bare act section · Research

About this section

Finance Act 2007 Section 98 is part of Finance Act 2007 - Amendment of Section 75a. Read the section text below and explore Indian court judgments that cite it.

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Section Text

In section 75 A of the Customs Act, for sub-section (2), the following sub-section shall be substituted, namely:--

"(2) Where any drawback has been paid to the claimant erroneously or it becomes otherwise recoverable under this Act or the rules made thereunder, the claimant shall, within a period of two months from the date of demand, pay in addition to the said amount of drawback, interest at the rate fixed under section 28AB 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 recovery of such drawback.".

Frequently asked questions

What does Finance Act 2007 Section 98 provide?

Section Section 98 of the Finance Act 2007 (Amendment of Section 75a) is reproduced on this page as part of the Finance Act 2007. Lawyers and researchers use it to read the statutory wording before checking how courts have applied this section in reported judgments.

How do I find judgments on Finance Act 2007 Section 98?

Open “Find citing judgments” on this page to search Supreme Court, High Court, and tribunal decisions that reference Finance Act 2007 Section 98. Advanced act search can narrow results by court, year, or additional act filters.

Is the section text on SooperKanoon official?

SooperKanoon hosts bare act text for research and quick reference. For filings or compliance in Central, confirm the wording against the official state gazette or authorized publication.

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