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EOUs Must Pay Interest on Unpaid Duties During De-bonding, Even with Voluntary Payment, Per Section 11A(2B).
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....100% EOU - Liability of interest - even though the duty is voluntarily paid being not paid at the time of de-bonding, voluntarily as per Sub-scion (2B) of Sec 11A, interest is required to paid for the period of default as mentioned in the said provision - AT....
TaxTMI
TaxTMI