Waiver of interest may apply when re exported capital goods are defective and unfit for installation or use. Requests for waiver of interest in cases of re export of capital goods may be considered favourably where, on clearance, those goods are found defective or sub standard and therefore would not be installed, commissioned or used; Chief Commissioners are to consider and decide such requests in light of Board guidance relating to extension of warehousing periods and re export permissions.
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.
Waiver of interest may apply when re exported capital goods are defective and unfit for installation or use.
Requests for waiver of interest in cases of re export of capital goods may be considered favourably where, on clearance, those goods are found defective or sub standard and therefore would not be installed, commissioned or used; Chief Commissioners are to consider and decide such requests in light of Board guidance relating to extension of warehousing periods and re export permissions.
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