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Customs - Highlights / Catch Notes

Home Highlights March 2016 Year 2016 This

Platinum imported but found shortage - terms of policy even ...


Party Liable for Duty Payment Due to Excess Platinum Consumption and Failure to Meet Notification Conditions.

March 22, 2016

Case Laws     Customs     AT

Platinum imported but found shortage - terms of policy even violated in so far as they have consumed platinum much in excess of the prescribed process loss prescribed under the policy. To that extent appellant have not fulfilled the conditions of the notification and have failed to account for the platinum and therefore, liable to payment of duty on the unaccounted platinum. - AT

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