https://www.taxtmi.com/acts?id=20675 Where a manufacturer who availed a concessional import exemption fails to use imported goods as required or fails to take action under rule 7, the appropriate Central Excise officer may invoke the bond and recover the difference between duty leviable but for the exemption and that already paid, together with interest at the notified rate for the period from the date of importation until actual payment of the entire duty difference. en-us Thu, 03 Mar 2016 08:09:58 +0530 Thu, 03 Mar 2016 08:09:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=20675 Where a manufacturer who availed a concessional import exemption fails to use imported goods as required or fails to take action under rule 7, the appropriate Central Excise officer may invoke the bond and recover the difference between duty leviable but for the exemption and that already paid, together with interest at the notified rate for the period from the date of importation until actual payment of the entire duty difference. Act-Rules Customs Thu, 03 Mar 2016 08:09:58 +0530 https://www.taxtmi.com/acts?id=20675