Wrong bill of entry

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..... Dear sir, we imported two black pepper from Sri Lanka under safta certificate first time and the duty under safta notification no 068/2012 73(2) is 8 percent and 5 percent gst my CHA or me made a mistake and filed bill of entry under safta notification no 26/2000 and paid no duty as bill of entry was appraised by appraiser under rms and goods got cleared and already sold now as we .....

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..... came to know we paid demand draft of duty along with interest of 18 percent to customs which they accepted can we be penalised or fined for this mistake ? what is the maximum fine and penalty of any ? - Reply By YAGAY and SUN - The Reply = You may take shelter of Section 149 of the Customs Act, 1962 in this matter and apply for refund. - Reply By MADAN RAHEJA - The Reply = As I un .....

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..... derstand from your query, the duty was short paid by mistake and on coming to know about it, you on your own have deposited the same with interest and have informed the proper officer in writing about it. In such a case, Section 28(2) of Customs Act mandates that no SCN is required to be issued and no penalty is to be imposed by the department. Condition for this concession is that there shoul .....

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..... d be no suppression of facts, mis-statement etc. by assessee. In my view, your case is fully covered under this provision. However, in case, show cause notice is issued to you alleging suppression etc., the same can be contested or got settled within 30 days with penalty of 15% of duty involved in terms of Section 28(5) of Customs Act. - Reply By Kishan Barai - The Reply = No worries at al .....

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..... l - Wrong bill of entry - Query Started By: - Sam Sammy Dated:- 17-5-2018 Customs - Import - Export - Customs - SEZ - Got 3 Replies - Customs - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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