Generate professional replies, appeals, opinions to Show Cause Notices, assessment orders, audit objections, and other legal communications using TaxTMI's AI Drafter.
Extension of export proceeds realization period permits authorised dealer banks to grant time extensions for export receipts subject to conditions. Authorised dealer banks may grant extensions of time for realization of export proceeds beyond the prescribed period where the invoice value falls within the revised threshold, subject to existing terms and conditions; this change is effective immediately and banks must notify their constituents.
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.
Extension of export proceeds realization period permits authorised dealer banks to grant time extensions for export receipts subject to conditions.
Authorised dealer banks may grant extensions of time for realization of export proceeds beyond the prescribed period where the invoice value falls within the revised threshold, subject to existing terms and conditions; this change is effective immediately and banks must notify their constituents.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.