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What is the value and rate of duty to be adopted for goods, which are removed for export but later diverted for home consumption/market?

April 26, 2017adopted consumption diverted duty export Home later market rate removed value

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What is the value and rate of duty to be adopted for goods, which are removed for export but later diverted for home consumption/market?

1 Answer

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10 Posted

On diverting the goods, duty has to be paid. On specified in the ARE I application along with interest applicable from the date of removal for export from the factory or warehouse till the date of payment of duty.