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>New Guidelines for Disposal of Confiscated Goods: Rebates for Cooperatives, E-Auctions for High-Value Items.</h1> The revised guidelines for the disposal of confiscated goods outline changes in procedures for selling such items. Previously, preferential treatment was given to certain cooperatives, but this was discontinued in 2015. Now, confiscated goods valued up to Rs. 5 lakh can be offered to registered cooperatives with a 10% rebate, provided they meet specific criteria. Goods exceeding this value must be sold via e-auction or auction-cum-tender, with no discounts available. The guidelines emphasize transparency and fairness in the disposal process, aligning with recommendations from a task force and existing e-auction procedures. These instructions are effective immediately.
TaxTMI 
TaxTMI 
