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Customs - Highlights / Catch Notes

Home Highlights May 2019 Year 2019 This

Restraint from encashing the bank Guarantee - goods imported by ...

Case Laws     Customs

May 30, 2019

Restraint from encashing the bank Guarantee - goods imported by PEL (steel plates) for supply to NTPC was eligible for deemed exports however due to scraping of project NTPC agreed to pay the duties leviable on the said imports - the respondents cannot continue to withhold the bank guarantee after accepting the the payment from NTPC

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