https://www.taxtmi.com/acts?id=16603 Recovery of customs duty is permitted where an instrument obtained by collusion, wilful misstatement, or suppression of facts is utilised by another person under the Customs Act or connected schemes. The duty relatable to such utilisation is deemed never to have been exempted or debited and is recoverable from the person to whom the instrument was issued, together with interest from the date of utilisation until recovery. Recovery requires a show-cause notice, hearing, determination within the scope of the notice, and repayment within thirty days, failing which the amount is recovered under the general customs recovery machinery. en-us Sat, 02 Jun 2012 12:35:17 +0530 Tue, 16 Jun 2026 14:51:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=16603 Recovery of customs duty is permitted where an instrument obtained by collusion, wilful misstatement, or suppression of facts is utilised by another person under the Customs Act or connected schemes. The duty relatable to such utilisation is deemed never to have been exempted or debited and is recoverable from the person to whom the instrument was issued, together with interest from the date of utilisation until recovery. Recovery requires a show-cause notice, hearing, determination within the scope of the notice, and repayment within thirty days, failing which the amount is recovered under the general customs recovery machinery. Act-Rules Customs Sat, 02 Jun 2012 12:35:17 +0530 https://www.taxtmi.com/acts?id=16603