Reopening Assessments invalid where satisfaction and jurisdictional approval are absent for third party seized material, leading to quashing of assess...
Benami property exclusion from the insolvency estate: Benami Act proceedings preclude IBC tribunals from reopening attachments or treating such assets...
Exclusion of limitation period: pandemic suspension plus debtor acknowledgement can extend limitation, requiring fresh factfinding on guarantee invoca...
The amendments integrate the postal DNK/IPS portals with ICES, enabling electronic processing and automated provision of export benefits; this permits exporters using postal mode to claim incentives electronically. The Circular revises portal links and updates PBE-III/PBE-IV forms to include tables/fields for drawback and other scheme details, thereby operationalizing electronic submission of requisite data and parcel particulars. Exporters must register on ICEGATE and link bank account details to the DNK site, which enables electronic credit/settlement of claims. Electronic claims must have supporting documents uploaded to E-Sanchit/ICEGATE, thereby making documentation submission digital. An advisory by DG Systems and public notices will set out implementation modalities. (CBIC)
The amendments integrate the postal DNK/IPS portals with ICES, enabling electronic processing and automated provision of export benefits; this permits exporters using postal mode to claim incentives electronically. The Circular revises portal links and updates PBE-III/PBE-IV forms to include tables/fields for drawback and other scheme details, thereby operationalizing electronic submission of requisite data and parcel particulars. Exporters must register on ICEGATE and link bank account details to the DNK site, which enables electronic credit/settlement of claims. Electronic claims must have supporting documents uploaded to E-Sanchit/ICEGATE, thereby making documentation submission digital. An advisory by DG Systems and public notices will set out implementation modalities. (CBIC)
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