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Customs - Highlights / Catch Notes

Home Highlights December 2019 Year 2019 This

Duty free advance authorization - regularization of bonafide ...


Revenue Misinterprets Para 4.28 of Handbook; Provision Only Applies to Bonafide Export Defaults, Not Non-Default Cases.

December 23, 2019

Case Laws     Customs     AT

Duty free advance authorization - regularization of bonafide default by exporters - Revenue has failed to notice Para 4.28 of HBP relates only to cases of bonafide default in fulfilling export obligation and it would naturally not apply to the cases where there is no default like in the instant case.

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