Suo moto payment of customs duty allows exporters to deposit self calculated duty and interest pending authority reconciliation. A facilitation procedure permits authorization holders under Advance Authorization and EPCG to deposit self calculated duty and interest by cash challan or debit eligible duty credit scrips at the port of registration while Regional Authority calculations are pending; Customs will record these payments, subsequently reconcile them against the RA's detailed calculations, require payment of any balance, and on RA redemption initiate release of the Bond or Bank Guarantee.
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.
Suo moto payment of customs duty allows exporters to deposit self calculated duty and interest pending authority reconciliation.
A facilitation procedure permits authorization holders under Advance Authorization and EPCG to deposit self calculated duty and interest by cash challan or debit eligible duty credit scrips at the port of registration while Regional Authority calculations are pending; Customs will record these payments, subsequently reconcile them against the RA's detailed calculations, require payment of any balance, and on RA redemption initiate release of the Bond or Bank Guarantee.
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