Set off of Custom duty for buying another item

[Kishan Agarwal]

A person imports an item say Cement Clinker on which he pays customs duty. Can this duty be set off on buy of another item say iron billet?

[Ravi Chopra]

No, it is not possible.

AI Summary

Customs Duty on Cement Clinker Cannot Be Set Off Against Iron Billet Purchases. A person inquired whether customs duty paid on importing an item like Cement Clinker can be set off against the purchase of another item, such as iron billet. The response provided clarified that this is not possible.