Interest on Custom Duty Treated Like Custom Duty Itself for Payment and Accrual Purposes, Supported by Case Law.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Interest on custom duty - accrual of expenses - The interest on custom duty has the same nature as custom duty and therefore it could be allowed on payment basis - AT....