Customs Waives Interest on Import Duties Due to Portal Issues; Applies from April 14, 2023, Until Resolution.
The Central Board of Indirect Taxes and Customs issued the Customs (Waiver of Interest) Third Order, 2023, waiving interest on import duties for certain goods due to technical issues on the Common Portal. This waiver applies from April 14, 2023, until the system issues are resolved, plus an additional three days. It covers Bills of Entry where duty payment was initiated but failed due to portal issues. To qualify, duties and interest must be paid within three days of issue resolution, the importer must not transfer the interest cost, and refunds are subject to section 27 of the Customs Act, 1962.
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