Refund of Duty

New refund duty circular

Circular No.24/2007-Cus F. No. 401/229/2006-Cus.III Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs North Block, New Delhi. 02 July , 2007. To All Chief Commissioners of Customs. All Chief Commissioners of Central Excise. Principal Chief Controller of Accounts, CBEC. Chief Departmental Representative, CESTAT. All Commissioners of Central Excise. All Commissioners of Customs. Webmaster@icegate.gov.in. Sir, Subject: Delay in payment of customs duty refunds – reg. *** I am directed to state that various representations from importers, exporters, trade and industry as

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New refund duty circular

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REFUND OF DUTY

With increasing globalisation , formation of regional trade block,changing duty,classification and pricing of goods has increased complexity of Indirect taxation.Many times excess duty are paid by the importing and exporting communities

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