Excess customs duty collection must be paid to the central government when collected on exempt or nil-rated goods. A new subsection (1A) requires any person who has collected amounts in excess of assessed customs duty or who has collected duty on wholly exempt or nil ... Summary
Excess customs duty collection must be paid to the central government when collected on exempt or nil-rated goods.
A new subsection (1A) requires any person who has collected amounts in excess of assessed customs duty or who has collected duty on wholly exempt or nil rated goods to forthwith pay those amounts to the credit of the Central Government; consequential amendments modify cross references in other subsections so that existing remedial and enforcement provisions apply to recoveries under the new obligation.
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