Court Orders Reassessment of Duty Payment After Petitioner Overlooked 15% Concessional Tax Eligibility Under Exemption Notification.

Court Orders Reassessment of Duty Payment After Petitioner Overlooked 15% Concessional Tax Eligibility Under Exemption Notification. https://www.taxtmi.com/highlights?id=68829 Refund claim - seeking re-assessment of the Bills of Entry - higher amount of duty paid without noticing that the petitioner is eligible for a concessional rate of tax at of 15% - The document is a statutory Notification. - The authority is directed to hear the petitioner, consider applicability or otherwise of the Exemption Notification to its case and pass orders afresh - HC en-us Tue, 21 Mar 2023 08:15:19 +0530 Tue, 21 Mar 2023 08:15:19 +0530 TaxTMI RSS Generator Court Orders Reassessment of Duty Payment After Petitioner Overlooked 15% Concessional Tax Eligibility Under Exemption Notification. https://www.taxtmi.com/highlights?id=68829 Refund claim - seeking re-assessment of the Bills of Entry - higher amount of duty paid without noticing that the petitioner is eligible for a concessional rate of tax at of 15% - The document is a statutory Notification. - The authority is directed to hear the petitioner, consider applicability or otherwise of the Exemption Notification to its case and pass orders afresh - HC Highlights Customs Tue, 21 Mar 2023 08:15:19 +0530 https://www.taxtmi.com/highlights?id=68829