Posted in Community :
Export & Import Merchandise
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Question posted: 06 01 2008 05:03:52 +0000,
1 answers, 223 views, last activity
07 06 2010 20:18:08 +0000
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Dear Yaswant,
Your question is not clear, If you fail to submit the Proof of Export,you have to pay the Duty amount with interest @15% p.a. from the date of removal of goods from the factory. Submitted but Late excise officer can fine for the late submission, i think it is 10% of duty amount or 5000/- whichever it higher.
murali nair murlinair_m@yahoo.com
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Found the question
"what is the intrest libility for overdue proof of export?"
interesting?
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