https://www.taxtmi.com/circulars?id=55030 Section 47 of the Customs Act has been amended to substitute "two days" for "five days" as the period allowed for payment of import duty after return of the Bill of Entry; failure to pay within two days, excluding holidays, attracts interest at the rate fixed by the Central Government, and the ICES application has been updated to calculate interest after two days. en-us Thu, 23 May 2013 00:00:00 +0530 Thu, 03 Nov 2016 13:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=55030 Section 47 of the Customs Act has been amended to substitute "two days" for "five days" as the period allowed for payment of import duty after return of the Bill of Entry; failure to pay within two days, excluding holidays, attracts interest at the rate fixed by the Central Government, and the ICES application has been updated to calculate interest after two days. Circulars Customs Thu, 23 May 2013 00:00:00 +0530 https://www.taxtmi.com/circulars?id=55030