Facility for suo-moto payment of customs duty in case of bona fide default in export obligation under the Advance / EPCG authorisations
X X X X Extracts X X X X
X X X X Extracts X X X X
....te: 13.05.2015 PUBLIC NOTICE No. 10/2015 Subject : Facility for suo-moto payment of customs duty in case of bonafide default in export obligation under the Advance / EPCG authorisations - reg. Attention is invited to Board Circular No.11/2015-Cus dated 01.04.2015 on the above subject. 2. Vide the above Circular, the Board has prescribed the following facilitation procedure to ensure quicker....
X X X X Extracts X X X X
X X X X Extracts X X X X
....ank at the port where the authorization is registered. One copy of the paid challan shall be submitted to the Customs Authority at the said port which shall update its records; and/ or (ii) Produce valid duty credit scrip before the Customs Authority at the port where the authorization is registered for debit of the own/ self-calculated duty amount. Such scrip should be one issued under Chapter....
Generate professional replies, appeals, opinions to Show Cause Notices, assessment orders, audit objections, and other legal communications using TaxTMI's AI Drafter.
TaxTMI