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Customs - Highlights / Catch Notes

Home Highlights April 2020 Year 2020 This

Rate of Interest on duty as per the order of Settlement ...

Customs

April 2, 2020

Rate of Interest on duty as per the order of Settlement Commission - Interest rate reduced from 24% to 15% - there are no reasons to interfere with the impugned order. That apart the order of a Settlement Commission is final and conclusive in terms of Section 127J of the Customs Act, 1962. - Immunity granted by the commission if its order not complied with accordingly.

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