Abeyance of appeals on export-linked tax deductions extended pending administrative clarification and circular guidance. The Board directs continuation of abeyance of appeals and enforcement for matters concerning export-linked deductions until the date of this instruction, extending the prior suspension originally set to expire on 30 November 2003. The Board will not at present intervene administratively on allowance of the export-profit deduction as it relates to credits under the Duty Entitlement Passbook Scheme, while a separate export-deduction issue has been clarified by a specific circular; officials are to notify staff accordingly.
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Abeyance of appeals on export-linked tax deductions extended pending administrative clarification and circular guidance.
The Board directs continuation of abeyance of appeals and enforcement for matters concerning export-linked deductions until the date of this instruction, extending the prior suspension originally set to expire on 30 November 2003. The Board will not at present intervene administratively on allowance of the export-profit deduction as it relates to credits under the Duty Entitlement Passbook Scheme, while a separate export-deduction issue has been clarified by a specific circular; officials are to notify staff accordingly.
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