Duty drawback reporting: exporters must disclose drawback and rebate particulars to tax officers for verification and test-checking. Assessing officers must obtain from exporter-assessees full particulars of customs and excise duty drawback and excise duty rebate and, where necessary, test-check those particulars by collecting information from the relevant Collectors of Central Excise and Customs. Special Investigation Branches should annually collect complete drawback/rebate information in selected exporter cases, transmit the information and verification results to the ITOs, and maintain records of items extracted and verification outcomes. Collectors are to cooperate with the Income-tax Department.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Duty drawback reporting: exporters must disclose drawback and rebate particulars to tax officers for verification and test-checking.
Assessing officers must obtain from exporter-assessees full particulars of customs and excise duty drawback and excise duty rebate and, where necessary, test-check those particulars by collecting information from the relevant Collectors of Central Excise and Customs. Special Investigation Branches should annually collect complete drawback/rebate information in selected exporter cases, transmit the information and verification results to the ITOs, and maintain records of items extracted and verification outcomes. Collectors are to cooperate with the Income-tax Department.
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