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Customs - Highlights / Catch Notes

Home Highlights January 2018 Year 2018 This

Interest on delayed payment of duty - the petitioner's imports ...


High Court Upholds Interest Demand for 1994 Imports Pre-Section 28AB; Interest Payable Under Bond, Not Act.

January 15, 2018

Case Laws     Customs     HC

Interest on delayed payment of duty - the petitioner's imports were in February 1994, much prior to the insertion of Section 28AB of the Act - interest payable under the bond is not an interest payable under the Act - demand of interest sustained - HC

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