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Customs - Highlights / Catch Notes

Home Highlights February 2014 Year 2014 This

Refund - import of capital goods under EPCG scheme - the ...


Refund Dispute Over EPCG Scheme: Depreciation of Non-Payable Duty Affects Profitability, Not Transfer to Foreign Buyer.

February 3, 2014

Case Laws     Customs     AT

Refund - import of capital goods under EPCG scheme - the depreciation of duty paid (though it was not payable) can only reflect on his profitability and it cannot be taken as a proof that he has passed on the incidence to the foreign buyer - AT

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