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Customs Authorities Demand Duty Over Stock Shortage; Notification Misinterpreted as Promoting Efficient Use of Imported Inputs.
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....Demand of Customs Duty - illicit removal - shortage of stock - The notification does not place a premium on the efficient utilisation of imported inputs of operation and it would not be proper for the customs authorities to read such as an object of the notification.....
TaxTMI
TaxTMI