Concessional import duty: amendment requires payment of duty difference with interest from import until full payment. The amendment requires recovery of the difference between duty leviable without exemption and that already paid, and makes the importer liable to pay interest on that difference from the date of importation until actual payment at the rate notified under Section 28AB of the Customs Act, 1962.
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Concessional import duty: amendment requires payment of duty difference with interest from import until full payment.
The amendment requires recovery of the difference between duty leviable without exemption and that already paid, and makes the importer liable to pay interest on that difference from the date of importation until actual payment at the rate notified under Section 28AB of the Customs Act, 1962.
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