Interest on Duty on DTA Sale

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Himanshu (Querist)
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07 November 2008 In 100% E.O.U. who has fulfilled the export obligation and intends to disburse unutilized part of imported raw material with two years to D.T.A. on applicable duties and taxes whether interest is payable on the duty amount from the date of import?

(Reference Notification No. 52/2003 Customs)

Kindly Suggest

Regards

ravi

ravi (Expert)
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17 November 2008 dear sir,

as per my knowledge u have to fulfill the export obligation, within the period, if not interst to be paid on the duty amount.

regds
k.ravi