Refund threshold: minor-value customs refund claims barred under amended provision introducing a de minimis exclusion. An additional proviso to the Customs Act refund provision establishes a de minimis monetary floor: where the amount of refund claimed is less than rupees ... Summary
Refund threshold: minor-value customs refund claims barred under amended provision introducing a de minimis exclusion.
An additional proviso to the Customs Act refund provision establishes a de minimis monetary floor: where the amount of refund claimed is less than rupees one hundred, the claim shall not be refunded, thereby excluding minor-value refund claims from entitlement and administrative processing.
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