https://www.taxtmi.com/forum/issue?id=108737 Interest on delayed customs duty is chargeable under section 47(2) of the Customs Act with administrative guidance in Customs Notification No. 28/2002 (N.T.). The discussion confirms a distinct, higher interest treatment under provisions analogous to 28AA/28AB and reports no amendment to the cited notification. It also records that the interest-free compliance window was shortened to a two-day period by a budget amendment, affecting post-clearance interest application. en-us Fri, 12 Jun 2015 17:30:15 +0530 Thu, 23 Jan 2025 15:56:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=108737 Interest on delayed customs duty is chargeable under section 47(2) of the Customs Act with administrative guidance in Customs Notification No. 28/2002 (N.T.). The discussion confirms a distinct, higher interest treatment under provisions analogous to 28AA/28AB and reports no amendment to the cited notification. It also records that the interest-free compliance window was shortened to a two-day period by a budget amendment, affecting post-clearance interest application. Discussion-Forum Customs Fri, 12 Jun 2015 17:30:15 +0530 https://www.taxtmi.com/forum/issue?id=108737