TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Procedures and compliance for duty exemption/remission schemes: online applications, documentation, norms, obligations, monitoring, audits, penalties</h1> Chapter 4 prescribes procedures for duty exemption/remission schemes (Advance Authorisation, DFIA, REP, Diamond Imprest, Self-Ratification, Special Advance Authorisation, etc.), requiring online applications, specified documentation, and conformity with Standard Input-Output Norms or adhoc/self-declared norms fixed by Norms Committees; it sets entitlement limits, ports of registration, validity and export-obligation periods, procedures for amendments, revalidation, clubbing, monitoring, audits, and bonafide default regularisation (payment of customs duty, interest and composition fees or penalties). Special rules apply for sensitive inputs, pharmaceutical/diamond/gems and jewellery sectors, and for maintenance of prescribed accounts and sanctions including denial, penalties and recovery under FT(DR) and Customs law.
TaxTMI 
TaxTMI 
