Customs Act 1962: Revised Provisions for Duty Payment and Recovery

Notification of Section 28 Amendments

Summary

The Customs Act 1962, Section 28, has been revised under Act 22 of 1995. The updated provisions clarify the procedures for payment of duties, interest, and recovery of erroneously refunded or short-levied duties.

Section 28 provides that any duty not levied, short-levied, or erroneously refunded can be recovered. It also outlines the circumstances under which interest is payable.

The Finance Act of 1995 inserted Section 75-A into the Customs Act, which further specifies the eligibility for drawback claims.