Debit of duty foregone in B-17 bond for EOUs replaces provisional extra duty deposit, with certificate and final adjustment. Where additional duty would otherwise be required on provisional assessment of imports by 100% EOUs, EOUs shall provisionally debit the duty foregone in a B-17 bond, produce a certificate from the jurisdictional Superintendent of EOU confirming the debit on the bills of entry provisionally assessed, and effect final adjustment of the duty foregone upon final assessment.
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.
Debit of duty foregone in B-17 bond for EOUs replaces provisional extra duty deposit, with certificate and final adjustment.
Where additional duty would otherwise be required on provisional assessment of imports by 100% EOUs, EOUs shall provisionally debit the duty foregone in a B-17 bond, produce a certificate from the jurisdictional Superintendent of EOU confirming the debit on the bills of entry provisionally assessed, and effect final adjustment of the duty foregone upon final assessment.
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