Frequently Asked Questions (FAQs)
Question and Answer


Q. How the period of 4 months for submission of bill of entry will be calculated when goods are imported on deferred (buyer's credit/supplier's credit) payment basis?


Answer:

In case of imports on supplier’s credit/buyer’s credit term, the prescribed period of four month for submission of bill of entry will be calculated from the date of acceptance of import documents.


Reference/ Related Link

FE Circular No 7, 2014



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