TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>New Section 26A in Customs Act: Import Duty Refunds for Defective Goods, Conditions Apply, Excludes Perishables and Expired Items.</h1> Clause 84 of the Finance (No. 2) Bill, 2009, introduces section 26A to the Customs Act, 1962, allowing for the refund of import duty on goods identified as defective or not meeting agreed specifications. Refund eligibility requires goods to be identifiable, not claimed under other drawbacks, and either exported, relinquished, or destroyed within 30 days of clearance, extendable to three months. Applications must be submitted within six months of the relevant date. Refunds are not applicable to perishable goods or those past their shelf life. Additional conditions may be specified by the Board via official notification.
TaxTMI 
TaxTMI 
