Reversal of input tax credit in proportion to exempt supply: specificity of show-cause notice required; order set aside, fresh proceedings allowed wit...
Benami transaction and beneficial ownership: documentary and circumstantial evidence show payors were true beneficiaries, resulting in PBPTA consequen...
The rules expand the scope of drawback provisions to expressly include exports by post effected through entries under section 84 of the Customs Act: amendments to rules 8, 12, 13 and 14 incorporate "entry made under section 84...for exports by post" into existing references to bill of export/shipping bill, thereby subjecting such entries to the Drawback Rules. A new provision deems an electronically made section 84 entry for exports by post to constitute a filed claim for drawback on receipt of the entry on the Electronic Data Interchange after the proper officer permits clearance and loading, and requires retention of that claim by the proper officer.
The rules expand the scope of drawback provisions to expressly include exports by post effected through entries under section 84 of the Customs Act: amendments to rules 8, 12, 13 and 14 incorporate "entry made under section 84...for exports by post" into existing references to bill of export/shipping bill, thereby subjecting such entries to the Drawback Rules. A new provision deems an electronically made section 84 entry for exports by post to constitute a filed claim for drawback on receipt of the entry on the Electronic Data Interchange after the proper officer permits clearance and loading, and requires retention of that claim by the proper officer.
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