https://www.taxtmi.com/forum/issue?id=108767 Where duty concession under the Advance Authorisation scheme is forfeited for non fulfilment of export obligation, customs treats the unpaid duty as delayed payment and charges interest from the date duty became payable; the bond or bank guarantee should be consulted for procedural details but does not override the statutory interest regime applied by customs on delayed duty recovery. en-us Fri, 19 Jun 2015 10:55:16 +0530 Thu, 23 Jan 2025 15:56:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=108767 Where duty concession under the Advance Authorisation scheme is forfeited for non fulfilment of export obligation, customs treats the unpaid duty as delayed payment and charges interest from the date duty became payable; the bond or bank guarantee should be consulted for procedural details but does not override the statutory interest regime applied by customs on delayed duty recovery. Discussion-Forum Customs Fri, 19 Jun 2015 10:55:16 +0530 https://www.taxtmi.com/forum/issue?id=108767