Customs relief for Strait of Hormuz maritime disruptions remains available, with existing conditions continuing unchanged through the extended validit...
Commercial vehicle depreciation, scientifically determined warranty provisions and exempt-income disallowances were resolved in favour of the taxpayer...
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The Customs Trade Notice No. 13/2024 addresses the issue of non-realization of export proceeds by certain entities listed as defaulters. These entities have been served with Demand cum Show Cause Notices (SCNs) for availing ineligible drawback, along with applicable interest and penalties. - By initiating adjudication proceedings and providing multiple opportunities for Personal Hearings, the authorities ensure due process and fair treatment for the accused entities.
The Customs Trade Notice No. 13/2024 addresses the issue of non-realization of export proceeds by certain entities listed as defaulters. These entities have been served with Demand cum Show Cause Notices (SCNs) for availing ineligible drawback, along with applicable interest and penalties. - By initiating adjudication proceedings and providing multiple opportunities for Personal Hearings, the authorities ensure due process and fair treatment for the accused entities.
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