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
Thursday, November 22, 2007
In view of honourable SC ruling in case of m/s ACER ,now import of laptop will not attract 7% additional duty.Many refund cases will arise for past clearance done in six months.If any person is paying duty under protest than no time limit.
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