Deferred payment of import duty: revised schedule sets mid month or next month deadlines for payment of returned Bills of Entry. The amendment to rule 5 of the Deferred Payment of Import Duty Rules, 2016 prescribes a tiered payment schedule: duties for Bills of Entry returned from the 1st to the 15th are payable by the 16th of that month; those returned from the 16th to the last day of any month other than March are payable by the 1st of the following month; and those returned from the 16th to the 31st of March are payable by the 31st March. The rules take effect on publication in the Official Gazette.
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.
Deferred payment of import duty: revised schedule sets mid month or next month deadlines for payment of returned Bills of Entry.
The amendment to rule 5 of the Deferred Payment of Import Duty Rules, 2016 prescribes a tiered payment schedule: duties for Bills of Entry returned from the 1st to the 15th are payable by the 16th of that month; those returned from the 16th to the last day of any month other than March are payable by the 1st of the following month; and those returned from the 16th to the 31st of March are payable by the 31st March. The rules take effect on publication in the Official Gazette.
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