Interest for non compliance: amended customs rule imposes interest where import-for-jobbing export conditions are breached. The Central Government amended the customs exemption notification to insert in the proviso to the relevant condition an obligation that payment of specified interest is required from the date of clearance of goods where the conditions governing import for jobbing for export are not complied with, thereby attaching an additional monetary consequence to post-clearance non compliance.
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.
Interest for non compliance: amended customs rule imposes interest where import-for-jobbing export conditions are breached.
The Central Government amended the customs exemption notification to insert in the proviso to the relevant condition an obligation that payment of specified interest is required from the date of clearance of goods where the conditions governing import for jobbing for export are not complied with, thereby attaching an additional monetary consequence to post-clearance non compliance.
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