Deferred payment flexibility allows government to permit alternative due dates and reinstates deferred payment after reassessment if duties paid. The amendment permits the Central Government to allow payment on a different due date under exceptional circumstances with reasons recorded in writing, and provides that an eligible importer may make deferred payment only if they paid the duty for the bill of entry within the original due date and paid any differential duty with interest arising from reassessment within one day (excluding holidays).
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Provisions expressly mentioned in the judgment/order text.
Deferred payment flexibility allows government to permit alternative due dates and reinstates deferred payment after reassessment if duties paid.
The amendment permits the Central Government to allow payment on a different due date under exceptional circumstances with reasons recorded in writing, and provides that an eligible importer may make deferred payment only if they paid the duty for the bill of entry within the original due date and paid any differential duty with interest arising from reassessment within one day (excluding holidays).
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