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 Circulars
of of All Circulars
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Tamil Nadu Exporters Misuse Drawback Scheme: Over-Invoicing Cotton Garments for Higher Claims Exposed; Customs Tighten Checks.</h1> The circular addresses the misuse of the Drawback Scheme by certain exporters in Tamil Nadu, who engaged in over-invoicing cotton knitted garments to claim higher duty drawbacks. Fraudsters established companies under the names of economically disadvantaged individuals, lacking actual manufacturing facilities. They manipulated shipping documents and purchase orders to inflate garment values, exporting to non-quota countries. Investigations revealed document manipulation to avoid penalties and improper financial practices, including unfiled GR forms and foreign bank accounts. Customs officials are instructed to remain vigilant against such fraudulent activities and ensure that duty drawbacks are not wrongfully claimed.
TaxTMI 
TaxTMI 
