Excess or Short Payment of Customs Duty? Here's What You Must Know!

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....xcess or Short Payment of Customs Duty? Here's What You Must Know!<br>By: - Pradeep Reddy<br>Customs - Import - Export - SEZ<br>Dated:- 17-2-2025<br>Importers often get caught up with Customs Duty-either paying too much &#128184; or too little. The good news? &#120300;&#120316;&#120322; &#120309;&#120302;&#120323;&#120306; &#120316;&#120317;&#120321;&#120310;&#120316;&#120315;&#120320; &#120321;&....

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....#120316; &#120307;&#120310;&#120325; &#120321;&#120309;&#120310;&#120320;! &#9989; A. &#120290;&#120323;&#120306;&#120319;&#120317;&#120302;&#120310;&#120305; &#120279;&#120322;&#120321;&#120326;? &#120283;&#120306;&#120319;&#120306;'&#120320; &#120298;&#120309;&#120302;&#120321; &#120300;&#120316;&#120322; &#120278;&#120302;&#120315; &#120279;&#120316;: 1&#65039;&#8419; &#120290;&#120317;&#1203....

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....21;&#120310;&#120316;&#120315; 1: &#120276;&#120317;&#120317;&#120306;&#120302;&#120313; &#120321;&#120316; &#120278;&#120316;&#120314;&#120314;&#120310;&#120320;&#120320;&#120310;&#120316;&#120315;&#120306;&#120319; (&#120276;&#120317;&#120317;&#120306;&#120302;&#120313;&#120320;) &#128279; You can file an appeal within 60 &#120305;&#120302;&#120326;&#120320; under Section 128 of the Customs Act....

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..... &#128220; &#128279; If successful, you could be eligible for a &#120319;&#120306;&#120307;&#120322;&#120315;&#120305; of the excess duty paid. &#128176; 2&#65039;&#8419; &#120290;&#120317;&#120321;&#120310;&#120316;&#120315; 2: &#120276;&#120314;&#120306;&#120315;&#120305;&#120314;&#120306;&#120315;&#120321; &#120322;&#120315;&#120305;&#120306;&#120319; &#120294;&#120306;&#120304;&#120321;&#12....

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....0310;&#120316;&#120315; 149 &#128279; Missed the deadline? No worries! Apply for an &#120302;&#120314;&#120306;&#120315;&#120305;&#120314;&#120306;&#120315;&#120321; under Section 149. &#128450;&#65039; If approved, the authorities may reassess the duty and issue a &#120319;&#120306;&#120307;&#120322;&#120315;&#120305;. &#129297; B. &#120296;&#120315;&#120305;&#120306;&#120319;&#120317;&#120302....

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....;&#120310;&#120305; &#120279;&#120322;&#120321;&#120326;? &#120283;&#120306;&#120319;&#120306;&#39;&#120320; &#120300;&#120316;&#120322;&#120319; &#120281;&#120310;&#120325;: &#128279;Pay the difference in &#120277;&#120302;&#120320;&#120310;&#120304; &#120278;&#120322;&#120320;&#120321;&#120316;&#120314;&#120320; &#120279;&#120322;&#120321;&#120326; & &#120284;&#120282;&#120294;&#120295; using a....

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.... &#120295;&#120293;-6 &#120278;&#120309;&#120302;&#120313;&#120313;&#120302;&#120315;. &#128181;You can also claim &#120282;&#120294;&#120295; &#120304;&#120319;&#120306;&#120305;&#120310;&#120321; for the IGST paid under Section 16(2)(a). &#127919; &#128198; &#120295;&#120310;&#120314;&#120306; &#120287;&#120310;&#120314;&#120310;&#120321; &#120307;&#120316;&#120319; &#120282;&#120294;&#120295; ....

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....&#120278;&#120319;&#120306;&#120305;&#120310;&#120321;? Typically, GST credit should be claimed by &#120294;&#120306;&#120317;&#120321;&#120306;&#120314;&#120303;&#120306;&#120319; of the next financial year or before the &#120302;&#120315;&#120315;&#120322;&#120302;&#120313; &#120319;&#120306;&#120321;&#120322;&#120319;&#120315;, whichever comes first. &#128202; However, for &#120295;&#120293;-6....

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.... &#120278;&#120309;&#120302;&#120313;&#120313;&#120302;&#120315;&#120320;, there's &#120315;&#120316; &#120320;&#120321;&#120319;&#120310;&#120304;&#120321; &#120305;&#120306;&#120302;&#120305;&#120313;&#120310;&#120315;&#120306;! &#9989; &#128204; &#120276;&#120314;&#120306;&#120315;&#120305;&#120314;&#120306;&#120315;&#120321; &#120323;&#120320; &#120276;&#120317;&#120317;&#120306;&#120302;&#12....

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....0313;: &#120298;&#120309;&#120302;&#120321; to choose? It's well-established in law that importers can choose between: 1&#65039;&#8419; Seeking an &#120302;&#120314;&#120306;&#120315;&#120305;&#120314;&#120306;&#120315;&#120321; under Section 149 or 2&#65039;&#8419; Filing an &#120302;&#120317;&#120317;&#120306;&#120302;&#120313; under Section 128 of the Act. This was clearly stated by the Hon....

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....'ble Supreme Court in ITC LIMITED VERSUS COMMISSIONER OF CENTRAL EXCISE, KOLKATA -IV -&nbsp;2019 (9) TMI 802 - SUPREME COURT (LB) The same was reaffirmed by the Telangana High Court in M/S. SONY INDIA PVT. LTD. VERSUS UNION OF INDIA AND ANOTHER -&nbsp;2021 (8) TMI 622 - TELANGANA HIGH COURT and later upheld by the Supreme Court in UNION OF INDIA & ANR. VERSUS M/S SONY INDIA PVT. LTD. -&nbsp;2023 ....

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....(4) TMI 1086 - SC ORDER &#9878;&#65039; &#128161; &#120295;&#120309;&#120306; &#120286;&#120306;&#120326; &#120295;&#120302;&#120312;&#120306;&#120302;&#120324;&#120302;&#120326;? Importers don't have to suffer in case of excess or short payment of Customs Duty. There are legal ways to fix it.<br> Scholarly articles for knowledge sharing by authors, experts, professionals ....