https://www.taxtmi.com/article/detailed?id=13570 Importers who overpay customs duty can appeal under Section 128 within sixty days for a potential refund or, if the appeal period is missed, seek amendment under Section 149 for reassessment and refund. For underpaid duty, importers must pay the difference in Basic Customs Duty and IGST via a TR-6 challan and may claim GST credit for IGST under Section 16(2)(a); GST credit is typically claimed by September of the next financial year or by the annual return, while TR-6 challans have no strict deadline. Courts have confirmed importers may choose between amendment and appeal. en-us Mon, 17 Feb 2025 11:26:58 +0530 Mon, 17 Feb 2025 11:26:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=13570 Importers who overpay customs duty can appeal under Section 128 within sixty days for a potential refund or, if the appeal period is missed, seek amendment under Section 149 for reassessment and refund. For underpaid duty, importers must pay the difference in Basic Customs Duty and IGST via a TR-6 challan and may claim GST credit for IGST under Section 16(2)(a); GST credit is typically claimed by September of the next financial year or by the annual return, while TR-6 challans have no strict deadline. Courts have confirmed importers may choose between amendment and appeal. Articles Customs - Import - Export - SEZ Mon, 17 Feb 2025 11:26:58 +0530 https://www.taxtmi.com/article/detailed?id=13570