Deferred import duty payment is restricted after repeated defaults, subject to restoration and timely reassessment payment conditions.

Deferred payment of import duty is unavailable where an eligible importer fails to pay full duty by the due date more than once during three consecutive months. The facility may be restored only on full payment of duty and applicable interest. It remains available where duty for a bill of entry was paid on time and differential duty arising from reassessment, with interest, is paid within one day, excluding holidays.

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