Dispute Over Bank Guarantee Encashment for Steel Plates Resolved; NTPC Agrees to Cover Import Duties After Project Cancellation. https://www.taxtmi.com/highlights?id=46859 Restraint from encashing the bank Guarantee - goods imported by PEL (steel plates) for supply to NTPC was eligible for deemed exports however due to scraping of project NTPC agreed to pay the duties leviable on the said imports - the respondents cannot continue to withhold the bank guarantee after accepting the the payment from NTPC en-us Thu, 30 May 2019 09:56:55 +0530 Thu, 30 May 2019 09:56:55 +0530 TaxTMI RSS Generator Dispute Over Bank Guarantee Encashment for Steel Plates Resolved; NTPC Agrees to Cover Import Duties After Project Cancellation. https://www.taxtmi.com/highlights?id=46859 Restraint from encashing the bank Guarantee - goods imported by PEL (steel plates) for supply to NTPC was eligible for deemed exports however due to scraping of project NTPC agreed to pay the duties leviable on the said imports - the respondents cannot continue to withhold the bank guarantee after accepting the the payment from NTPC Highlights Customs Thu, 30 May 2019 09:56:55 +0530 https://www.taxtmi.com/highlights?id=46859