Effective Date and Time of Change in Rate of Customs Duty – A Case of Settling the Unsettled
NITYA Tax Associates is proud to present their recent write-ups in the ‘Article’ series on trending indirect tax issues. A gist of the next article in the series is as under:
Article 57 – “Effective Date and Time of Change in Rate of Customs Duty – A Case of Settling the Unsettled”
The issue regarding effective date of change in rate of customs duty is already settled. Recently, the Supreme Court dealt with issue relating to customs duty rate on imported goods where Bill of Entry was filed on the date of issuance of Notification. The Court took into account changing procedures under customs with digitalization. Through this article, our Partner, Mr. Dharnendra Kumar Rana and Associate, Mr. Ayush Agarwal have tried to analyze judicial precedents alongwith legal provisions governing date and time of applicability of change in rate of customs.
Please click on the below link to read our latest article titled “Effective Date And Time Of Change In Rate Of Customs Duty – A Case Of Settling The Unsettled“ on the issue.