Deferred Payment of Customs Duty extended to Eligible Manufacturer Importers with electronic registration and ICEGATE authentication for conditional c...
Tariff classification determines GST schedule and rate; beverages in Schedule III attract the higher rate, tea extracts and syrups in Schedule I attra...
Fraudulent trading requires cogent evidence of intent to defraud; ordinary-course payments protected, except post-insolvency withdrawals must be resto...
Suspension of a customs broker licence under Regulation 16(1) CBLR, 2018 was sustained because the broker failed required due diligence under Regulations 10(d), 10(e), 10(f) and 10(n). The broker accepted KYC and authorisation from an unverified person, did not verify identity or genuineness, and did not ensure mandated 100% examination after a scanned-mismatch designation; only one package was opened and sampled. The matter involved large-scale narcotics smuggling with national security and foreign exchange implications; suspension followed receipt of an investigative report, and the inquiry must be completed within CBLR timelines.
Suspension of a customs broker licence under Regulation 16(1) CBLR, 2018 was sustained because the broker failed required due diligence under Regulations 10(d), 10(e), 10(f) and 10(n). The broker accepted KYC and authorisation from an unverified person, did not verify identity or genuineness, and did not ensure mandated 100% examination after a scanned-mismatch designation; only one package was opened and sampled. The matter involved large-scale narcotics smuggling with national security and foreign exchange implications; suspension followed receipt of an investigative report, and the inquiry must be completed within CBLR timelines.
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