Cooperative society deposits, member-interest TDS exemption and credit-facility deduction claims require verification through records and supporting e...
Customs jurisdiction over EPCG condition breaches survives export-obligation discharge certificates, requiring alleged fraud and misdeclaration to be ...
Contractual tolerance requires consideration; breach recoveries, qualifying public infrastructure services and road works escape service tax liability...
Disposal of Export goods brought into Customs area but neither exported nor taken back to town. - The Trade Notice issued by the Commissioner of Customs (General) outlines procedures for the disposal of uncleared export cargo brought into the Customs area but not exported or taken back to town. It aims to free up storage space and containers by facilitating the auction of such goods. The notice provides a detailed procedure for custodians to follow, including preparing lists of eligible cargo, sending auction notices, examining goods, obtaining necessary approvals, valuing goods, conducting E-auctions, and sharing sale proceeds. The process must be completed by June 30, 2024.
Disposal of Export goods brought into Customs area but neither exported nor taken back to town. - The Trade Notice issued by the Commissioner of Customs (General) outlines procedures for the disposal of uncleared export cargo brought into the Customs area but not exported or taken back to town. It aims to free up storage space and containers by facilitating the auction of such goods. The notice provides a detailed procedure for custodians to follow, including preparing lists of eligible cargo, sending auction notices, examining goods, obtaining necessary approvals, valuing goods, conducting E-auctions, and sharing sale proceeds. The process must be completed by June 30, 2024.
Note: It is a system-generated summary and is for quick reference only.