https://www.taxtmi.com/acts?id=1182 Section 143A of the Customs Act, 1962, as originally inserted and later omitted, dealt with duty deferment for materials imported under an Advance Licence subject to an export obligation. It allowed clearance without immediate payment of duty, subject to adjustment against drawback on export of the specified goods. If the duty was not so adjusted because exports were not made within the prescribed or extended period, the importer remained liable for the unadjusted duty with simple interest, and a bond with surety or security could be required to ensure compliance. en-us Sat, 19 Jan 2008 22:45:54 +0530 Fri, 19 Jun 2026 16:58:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=1182 Section 143A of the Customs Act, 1962, as originally inserted and later omitted, dealt with duty deferment for materials imported under an Advance Licence subject to an export obligation. It allowed clearance without immediate payment of duty, subject to adjustment against drawback on export of the specified goods. If the duty was not so adjusted because exports were not made within the prescribed or extended period, the importer remained liable for the unadjusted duty with simple interest, and a bond with surety or security could be required to ensure compliance. Act-Rules Customs Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=1182