Market value for captive electricity consumption follows industrial consumer tariffs, supporting profit computation for the power generation deduction...
Provisional release of seized imports requires enhanced duty payment, bank guarantee and disclosures while customs adjudication proceeds independently...
An amount paid at import remains a refundable deposit where the bill of entry is unfinalised, no out-of-charge order for home consumption is issued, and the amount is not appropriated as customs duty. The imported pillow and duvet goods failed statutory quarantine requirements and were destroyed before clearance. As redemption fine and penalty were separately imposed and paid for the goods-related illegality, the pre-clearance deposit could not be retained as duty. The refund denial was set aside, and refund was granted with consequential relief in accordance with law.
An amount paid at import remains a refundable deposit where the bill of entry is unfinalised, no out-of-charge order for home consumption is issued, and the amount is not appropriated as customs duty. The imported pillow and duvet goods failed statutory quarantine requirements and were destroyed before clearance. As redemption fine and penalty were separately imposed and paid for the goods-related illegality, the pre-clearance deposit could not be retained as duty. The refund denial was set aside, and refund was granted with consequential relief in accordance with law.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4794
Join Channel
TaxTMI 
