2024 Section 28ab of customs act 1962

Section 28ab of customs act 1962

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August undefined, 2024

WebSection 28 of the Act provides for recovery of dues, and section 28AB of the Act provides for interest on delayed payment of duty. Both are separate provisions and would apply only to the duty leviable under the Act. As held by the SC in case of Hyderabad Industries Ltd … WebApplication of section 69 and Chapter X to stores. 89. Stores to be free of export duty. 90. Concessions in respect of imported stores for the Navy. CHAPTER XII PROVISIONS RELATING TO COASTAL GOODS AND VESSELS CARRYING COASTAL GOODS ... THE …

Customs - Appellate Tribunal - Case Laws

Web(b) in any other case, within six months, from the relevant date, serve notice on the person chargeable with the duty or interest which has not been levied or charged or which has been so short-levied or part paid or to whom the refund has erroneously been made, requiring … Web21 Jul 2011 · The Legislative Amendment Bill to amend Section 28 of the Customs Act, 1962 will be introduced in the ensuing Monsoon Session of Parliament. The proposed amendment of Section 28 of the Customs Act, 1962 (52 of 1962) would safeguard … lab technician how many years

Section 28AA – Customs Act, 1962 – Laws and Bare Acts of India …

WebThe Customs Act, 1962 28AA. INTEREST ON DELAYED PAYMENT OF DUTY. – 1[28AA.Interest on delayed payment of duty.—2[(1)] 3[Subject to the provisions contained in section 28AB, where a person,] chargeable with the duty determined under sub-section (2) … Web(2) Interest at such rate not below ten per cent. and not exceeding thirty-six per cent. per annum, as the Central Government may, by notification in the Official Gazette, fix, shall be paid by the person liable to pay duty in terms of section 28 and such interest shall be … Web(1)Subject to the provisions contained in section 28AB, where a person, chargeable with the duty determined under sub-section (2) of section 28, fails to pay such duty within three months from the date of such determination, he shall pay, in addition to the duty, interest … lab technician i salary

Section 28AAA - Customs Act,1962 LegalData.in

WebExplanation 1.--For the purposes of this sub-section, "instrument" means any scrip or authorisation or licence or certificate or such other document, by whatever name called, issued under the Foreign Trade (Development and Regulation) Act, 1992 (22 of 1992), 4. … WebCustoms 74. In the Customs Act, 1962 (hereinafter referred to as the Customs Act), in section 27A, for the ... In section 28AB of the Customs Act, in sub-section ( 1), for the words “at such rate not below ten per cent. and not exceeding thirty per cent. per annum, as is … projector backyard ideasWebwilfully suppressed facts and thus Section 28 of the Customs Act, 19626 was invoked in the present case. The relevant extract of the OrderinOriginal dated 18.10.2001 passed by the ... Section 28, interest at the rate of 24% under Section 28AB and. 8 penalty of Rs.9,98,177/ under Section 114A of the 1962 Act. The appellant unsuccessfully ... lab technician in swahili

"Webfalling under Ch. S.H. No. 0603.10 of the Customs Tariff, in D.T.A. in contravention of the provisions of Import Export Policy 19972002, without payment of Customs duty, hence extended period of five years as provided under proviso to section 28 of the Customs Act … " - Section 28ab of customs act 1962

Section 28ab of customs act 1962

IN THE SUPREME COURT OF INDIA CIVIL APPELLATE …

Web13 May 2002 · In exercise of the powers conferred by section 28AB of the Customs Act, 1962 (52 of 1962) and in supersession of the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 33 /2000 -Customs (N. T.), dated the … Web1962 (52 of 1962) (hereinafter referred to as the said Customs Act), the Central Government, ... section 28AB of the said Customs Act, on the said duty to be paid on demand from the date of importation or procurement of the said goods till the payment of such duty. (4) …

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Web2.2 Section 28(1A) of the Customs Act, 1962 provides that the importer or the exporter or the agent or employee of the importer or exporter, to whom a notice is served under the Section 28(1) of the said Act pays the duty in full or in part as may be accepted by him, … WebThe learned CESTAT had accordingly upheld the demand of customs duty, amounting to ₹21,05,024/- along with interest under Sections 28AB and 28AA of the Customs Act. In addition, the learned CESTAT had also upheld the levy of penalty equal to the customs duty levied under Section 114(A) of the Customs Act. 5.

Web7 May 2016 · (i) Conclude the proceedings if amount paid in full: If duty, interest and penalty has been paid in full, then, the proceedings in respect of such person or other persons to whom the notice is served under sub-section (1) or sub-section (4), shall, without … Web13 May 2002 · 13th May, 2002 . Notification No. 27 / 2002-Customs (N. T.). In exercise of the powers conferred by section 28AB of the Customs Act, 1962 (52 of 1962) and in supersession of the notification of the Government of India in the Ministry of Finance …

Web10 Jan 2011 · The Customs Act, 1962. 18. PROVISIONAL ASSESSMENT OF DUTY. –. (1) Notwithstanding anything contained in this Act but without prejudice to the provisions contained in section 46 –. (a) where the proper officer is satisfied that an importer or … WebCommissioner of Customs or Deputy Commissioner of Customs for identification before re-export; (c) to pay the balance of duty, along with interest, at the rate fixed by notification issued under section 28AB of the said Customs Act, 1962, for the period starting from the …

Web5 Jun 2024 · ..... oms or the Deputy Commissioner of Customs for identification before re-export; (c) to pay the balance of duty, along with interest, at the rate fixed by notification issued under section 28AB of the Customs Act, 1962, for the period starting from the date …

Web30 Mar 2024 · (a) the tariff classification of such goods as determined in accordance with the provisions of the Customs Tariff Act; (b) the value of such goods as determined in accordance with the provisions of this Act and the Customs Tariff Act; (c) exemption or … projector ballast for benq ht2050WebThe surplus, if any, will be dealt with in accordance with the aforesaid provisions of section 11-B of the Central Excises and Salt Act, 1944 and section 27 of the Customs Act, 1962. 4. The Bill seeks to achieve the above objects. Amendment Act 55 of 1991-Statement of Objects and Reasons. projector ballast bypassWeb- Subject to the provisions contained in section 28AB where a person, chargeable with the duty determined under sub-section (2) of section 28, fails to pay such duty within three months from the date of such determination, he shall pay, in addition to the duty, interest … lab technician industry projector ballast symptomshttp://www.bareactslive.com/ACA/ACT419.HTM projector bangmmmWebThere is no determination of duty under Section 28(2) of the Customs Act, 1962 and, therefore, Section 28AB of the Customs Act, 1962 is also not applicable. Petitioner has also paid the difference between the admitted duty liability and the amount settled by … projector bandungWebSection 28BA - Provisional attachment to protect revenue in certain cases - Customs Act, 1962; Section 28AA - Interest on delayed payment of duty - Customs Act, 1962; Section 28 - Recovery of duties not levied or short-levied or erroneously refunded - Customs Act, 1962; … projector bangalore