Customs (Waiver of Interest) Third Order, 2023

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Order No. 3/2023-Customs (N.T.) WHEREAS, the Central Board of Indirect Taxes and Customs, had by Order No. 1/2023 Customs (N.T.) dated 06.04.2023 followed by the Order No. 2/2023 Customs (N.T.) dated 11.04.2023, waived, for reasons recorded in the said Orders, the whole of interest payable under sub-section (2) of section 47 of the Customs Act, 1962 (hereafter referred as said .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... al issues in the Common Portal leading to rejection coupled with an inability to re-initiate that payment from the electronic cash ledger at the Common Portal; AND WHEREAS, as this difficulty arose, the concerned trade has also been subjected to calculation of interest on the Common Portal immediately from 14th April 2023 onward whether or not the said inability was removed on the Common Portal .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ves the interest payable under sub-section (2) of section 47 of the said Act, for the period from 14th April, 2023 till the date of removal of such system inability and thereafter upto three days (including holidays), in respect of such goods relating to those Bills of Entry on which the duty payment for the specific Bill of Entry was initiated in terms of para 8.2 of Circular No. 09/2023- C .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X