Recovery of duty when concessional imports are misused: authorities must recover duty differential plus notified interest. The Assistant Commissioner or Deputy Commissioner of Central Excise must ensure concessional imports are used for the intended manufacture or re exported and, if not, recover the difference between duty leviable but for the exemption and any amount paid on import, along with interest at the rate notified under Section 28AB from the date of importation until full payment.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Recovery of duty when concessional imports are misused: authorities must recover duty differential plus notified interest.
The Assistant Commissioner or Deputy Commissioner of Central Excise must ensure concessional imports are used for the intended manufacture or re exported and, if not, recover the difference between duty leviable but for the exemption and any amount paid on import, along with interest at the rate notified under Section 28AB from the date of importation until full payment.
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