Home Case Index All Cases Customs Customs + HC Customs - 2009 (4) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2009 (4) TMI 92 - HC - CustomsDelay in clearance from warehouse - Whether as per Circular No.26/07, interest is chargeable on duty paid by way of debit in DEPB on goods cleared from the warehouse after 90 days – Held yes - the goods cleared under DEPB Scheme cannot be treated an exempted goods, but they can only be treated to be duty-paid goods and therefore, the interest is payable as per Section 61(2) – debit of any amount under the DEPB Scheme is a mode of payment of duty on the imported goods and cannot be treated as exempted goods, unlike the goods under DEEC Scheme
|