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CBIC extends interest waiver on customs duty payable via ECL till April 13

The Central Board of Indirect Taxes and Customs (CBIC) has extended the interest waiver on customs duty payments made through the Electronic Cash Ledger (ECL) until April 13. The decision comes after exporters and importers went through difficulty paying duties through the automated system. The CBIC had previously issued a statement saying that no interest would be charged on customs duties paid through ECL till April 10. Key Points

Economic Times