Customs (Waiver of Interest) Second Order, 2023

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..... ) New Delhi, the 11th April 2023 WHEREAS, the Central Board of Indirect Taxes and Customs, had by Order No. 1/2023 Customs (N.T.) dated 06.04.2023 made the Customs (Waiver of Interest) Order, 2023 (hereafter referred as the said Order) waiving the whole of interest payable under sub-section (2) of section 47 of the Customs Act,1962 (hereafter referred as said Act) for the period f .....

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..... alculation of interest on the Common Portal, the said Order had been made; AND WHEREAS, while technical difficulties continue to be resolved by Directorate General of Systems to stabilise the new framework, errors are still occurring in the System sporadically thereby affecting the timely completion, by users, of sequential procedures whereby the accounting is made in the duty payment process; .....

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..... following Order, namely,- 1. Short title. This Order may be called the Customs (Waiver of Interest) Second Order, 2023. 2. The Central Board of Indirect Taxes and Customs, hereby waives the whole of interest payable under sub-section (2) of section 47 of the said Act, for the period from 11th April, 2023 upto and including the 13th April, 2023, in respect of such goods, where the payment .....

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