Delay in Reexporting Rectified Goods Leads to Duty and Interest Demand Instead of Confiscation or Penalties.

Delay in Reexporting Rectified Goods Leads to Duty and Interest Demand Instead of Confiscation or Penalties. https://www.taxtmi.com/highlights?id=32498 Confiscation - import of goods for reexport after necessary rectification - A delay in exporting the goods will make a case of demand of duty & interest and will not attract confiscation or imposition of penalty upon the appellant. - AT en-us Tue, 20 Dec 2016 07:21:36 +0530 Tue, 20 Dec 2016 07:21:36 +0530 TaxTMI RSS Generator Delay in Reexporting Rectified Goods Leads to Duty and Interest Demand Instead of Confiscation or Penalties. https://www.taxtmi.com/highlights?id=32498 Confiscation - import of goods for reexport after necessary rectification - A delay in exporting the goods will make a case of demand of duty & interest and will not attract confiscation or imposition of penalty upon the appellant. - AT Highlights Customs Tue, 20 Dec 2016 07:21:36 +0530 https://www.taxtmi.com/highlights?id=32498