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Customs - Highlights / Catch Notes

Home Highlights July 2016 Year 2016 This

Interest liability on the differential duty of the customs which ...


No interest liability for 103-day late customs duty payment; Sections 47(2), 28AA, and 28AB not breached.

July 2, 2016

Case Laws     Customs     AT

Interest liability on the differential duty of the customs which was paid after 103 days from the date due to be paid to the national exchequer - since there is no violation of Section 47(2) and the provisions of Section 28AA and Section 28AB are not invoked, there is no interest laibility - AT

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