Customs duty collections must be credited to government, with surplus adjusted on final assessment and refunded under refund rules. Customs duty amounts collected from a buyer in excess of the duty assessed, determined or paid, including amounts collected as duty on goods wholly exempt or chargeable to nil rate, must be paid forthwith to the credit of the Central Government. Where the amount has not been paid, the proper officer may issue a show-cause notice and determine the amount payable after considering the representation. Amounts paid are adjusted against duty payable on final assessment, and any surplus is dealt with under the refund provisions.
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.
Customs duty collections must be credited to government, with surplus adjusted on final assessment and refunded under refund rules.
Customs duty amounts collected from a buyer in excess of the duty assessed, determined or paid, including amounts collected as duty on goods wholly exempt or chargeable to nil rate, must be paid forthwith to the credit of the Central Government. Where the amount has not been paid, the proper officer may issue a show-cause notice and determine the amount payable after considering the representation. Amounts paid are adjusted against duty payable on final assessment, and any surplus is dealt with under the refund provisions.
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