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Customs - Highlights / Catch Notes

Home Highlights September 2018 Year 2018 This

Recovery of customs duty forgone with Interest - actual use ...


Customs Duty Recovery Confirmed for Non-Compliance with Notification 12/2012 on Rig Deepsea Treasure's Use Conditions.

September 5, 2018

Case Laws     Customs     AT

Recovery of customs duty forgone with Interest - actual use condition - by not putting into use the imported Rig Deepsea Treasure for petroleum operation/exploration at the Licensed oil block of ONGC, irrespective of the reasons for such non-use, there has been violation of the condition of Notification 12/2012 - demand of duty, penalty and redemption fine confirmed.

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