https://www.taxtmi.com/forum/issue?id=111249 Dispute concerns whether interest is payable on duties assessed and paid on raw material stock at the time of EOU exit (de-bonding). The operative practice requires payment of duty on raw materials, WIP and finished goods when an EOU exits the scheme and clears such stocks domestically. Some contributors assert interest is payable for the period of exemption enjoyed, while others observe that the Foreign Trade Policy exit procedures and related rules require duty payment but do not expressly mandate interest. en-us Mon, 19 Dec 2016 17:32:13 +0530 Thu, 23 Jan 2025 15:56:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=111249 Dispute concerns whether interest is payable on duties assessed and paid on raw material stock at the time of EOU exit (de-bonding). The operative practice requires payment of duty on raw materials, WIP and finished goods when an EOU exits the scheme and clears such stocks domestically. Some contributors assert interest is payable for the period of exemption enjoyed, while others observe that the Foreign Trade Policy exit procedures and related rules require duty payment but do not expressly mandate interest. Discussion-Forum Customs Mon, 19 Dec 2016 17:32:13 +0530 https://www.taxtmi.com/forum/issue?id=111249