Just a moment...

Top
Help
Upgrade to AI Search

We've upgraded AI Search on TaxTMI with two powerful modes:

1. Basic
Quick overview summary answering your query with referencesCategory-wise results to explore all relevant documents on TaxTMI

2. Advanced
• Includes everything in Basic
Detailed report covering:
     -   Overview Summary
     -   Governing Provisions [Acts, Notifications, Circulars]
     -   Relevant Case Laws
     -   Tariff / Classification / HSN
     -   Expert views from TaxTMI
     -   Practical Guidance with immediate steps and dispute strategy

• Also highlights how each document is relevant to your query, helping you quickly understand key insights without reading the full text.Help Us Improve - by giving the rating with each AI Result:

Explore AI Search

Powered by Weblekha - Building Scalable Websites

×

By creating an account you can:

Logo TaxTMI
>
Call Us / Help / Feedback

Contact Us At :

E-mail: [email protected]

Call / WhatsApp at: +91 99117 96707

For more information, Check Contact Us

FAQs :

To know Frequently Asked Questions, Check FAQs

Most Asked Video Tutorials :

For more tutorials, Check Video Tutorials

Submit Feedback/Suggestion :

Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
Add to...
You have not created any category. Kindly create one to bookmark this item!
Create New Category
Hide
Title :
Description :
+ Post a Query
Post a New Query
Title :
0/200 char
Description :
Max 0 char
Category :
Delete Reply

Are you sure you want to delete your reply beginning with '' ?

Delete Issue

Are you sure you want to delete your Issue titled: '' ?

Discussion Forum

Back

All Issues

Advanced Search
Reset Filters
Search By:
Search by Text :
Press 'Enter' to add multiple search terms
Select Date:
FromTo
Category :
OR
Search by Issue ID:
NOTE: If you have inputs in both the fields, then results will be shown for issueId first.
Issue ID :

Payment of customs duty along with interest under advance license for shortfall in exports obligations

Vivek Kasat

Dear Experts,

We've to make payment of customs duty along with interest on account of duty saved under an advance license due to a shortfall in an export obligation related to the financial year 2005-06. During that year, our IEC was registered in Delhi and now since long time it has been transferred to Mumbai customs.

We need your guidance in making the payment of this duty & interest.
1. Which authority (account) this payment needs to be done? If possible plz provide the challan format along with account details to which payment needs to be done.
2. Can we make an online payment or only through DD/pay order? If possible, plz share the link for payment.

Thanks in advance,

Regards,

CA Vivek Kasat

Customs duty for advance licence shortfall must be paid to the original customs account and licensing authority notified afterward. Customs duty with interest for advance licence export shortfall must be paid to the Customs account at the port where the licence was registered using the TR-6 challan; payment is effected by demand draft or pay order to the payee designated by the concerned Customs Commissionerate, and the exporter should notify the export licensing authority after payment. (AI Summary)
answers
Sort by
+ Add A New Reply
Hide
KASTURI SETHI on Sep 14, 2020

1.Duty with interest on short Export Obligation need to be paid to Customs account and the port at which advance licence was registered.

Soft copy of TR-6 challan with custom duty Major head- 037 is available online.

2.Duty will be paid through DD/Pay order and you will have to contact concerned Customs Commissionerate for name and address of payee.

YAGAY andSUN on Sep 17, 2020

After making payment, please also do inform to DGFT.

+ Add A New Reply
Hide
Recent Issues