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of <h1>Section 28AAA of Customs Act: Recovering Duties for Instruments Obtained by Collusion or Misstatement, Interest Applies Until Recovery</h1> Section 28AAA of the Customs Act, 1962, addresses the recovery of duties when an instrument, such as a license or certificate, is obtained through collusion, misstatement, or suppression of facts and used by someone other than the original recipient. The duty is considered never exempted and is recoverable from the original recipient. Interest is also applicable from the date of instrument utilization until duty recovery. A notice is served to the recipient to show cause within 30 days, and a hearing is conducted before determining the recoverable amount. If not repaid within 30 days, recovery follows the procedure in Section 142.
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