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Customs - Highlights / Catch Notes

Home Highlights January 2017 Year 2017 This

Pre-deposit - a company and its directors are held jointly and ...


Company and Directors Jointly Liable for Pre-Deposit; 7.5% Duty Drawback Element Satisfies Legal Requirement.

January 11, 2017

Case Laws     Customs     HC

Pre-deposit - a company and its directors are held jointly and severally liable - if one set of pre-deposit amount to the extent of 7˝ % of the duty drawback element is made, it would be considered sufficient compliance with the mandate of law - HC

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