Erroneous refund of duty drawback section 75a(2)

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sanchit babbar (Querist)
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25 August 2015 what is the relevance of two months in case of erroneous refund of dbk basically shall assessee be liable to pay intrest @18% if he pay duty within 2 months from demand???

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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14 September 2015 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.]

as per compliance of the custom act 1962 the exporter must deposit amount of duty drawback with calculation sheet of interest in custom.