Limitation period for duty recovery computed from date of adjustment after final assessment, affecting provisional payments. The amendment inserts Explanation II to section 27(1) of the Customs Act clarifying that where duty is paid provisionally, the one year or six month ... Summary
Limitation period for duty recovery computed from date of adjustment after final assessment, affecting provisional payments.
The amendment inserts Explanation II to section 27(1) of the Customs Act clarifying that where duty is paid provisionally, the one year or six month limitation period is computed from the date of adjustment of duty after the final assessment.
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