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Customs - Highlights / Catch Notes

Home Highlights April 2020 Year 2020 This

Refund of terminal excise duty (TED) - international competitive ...

Case Laws     Customs

April 3, 2020

Refund of terminal excise duty (TED) - international competitive bidding - Deemed Exports - There are several situation were duel reliefs are extended to an assessee, both of an exemption as well as of refund. In a case where both reliefs are available, the option to select the relief of its choice vests with the assessee.

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