Refund threshold for customs claims bars refund of small-value claims under newly inserted proviso to existing law. An amendment inserts a proviso into section 27 of the Customs Act establishing a minimum refund threshold: refund claims below a specified small-value ... Summary
Refund threshold for customs claims bars refund of small-value claims under newly inserted proviso to existing law.
An amendment inserts a proviso into section 27 of the Customs Act establishing a minimum refund threshold: refund claims below a specified small-value amount shall not be paid, thereby excluding trivial refund claims from the statutory refund mechanism and directing administrative non-payment of such nominal claims.
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