We had received 4 consignments and routed the same through SEZ. On receipt of the goods we were given the BOE for home consumption (SEZ to DTA Unit) in 2021-2022, we had made the payments to the seller as per the invoice. But the BOE and the entries made by SEZ to the customs seems to be with very high values to a tune of 7% to 41% than the invoice value. Now we are unable to close the BOE as the bank states full invoice amount not paid. Trying to reach the SEZ unit but finding it difficult. Kindly guide what can be done to resolve the issue. Contact [email protected]
Invoice value mismatch
Mednob India
Company Faces Invoice Value Discrepancies for SEZ Consignments; BOE Values 7%-41% Higher Than Invoices, Legal Steps Advised. A company is facing an issue with invoice value discrepancies for consignments routed through an SEZ. The Bill of Entry (BOE) values are 7% to 41% higher than the invoice values, causing problems in closing the BOE and making payments through the bank. The company is advised to verify discrepancies, contact SEZ authorities for clarification or amendments, review customs entries, and communicate with the bank using supporting documentation. If unresolved, they may need to file complaints or seek legal assistance. Persistence and clear communication with all parties involved are recommended to resolve the issue. (AI Summary)
TaxTMI
TaxTMI