Condonation of Delay: Tribunal directed condonation where rectification proceedings were pursued, ordering merits adjudication after opportunity to be...
Restriction of Input Tax Credit under Rule 86A applies only to fraudulently or ineligible availed credit; mere wrongful recipient availment is insuffi...
Pursuant to CBIC Circular No. 09/2026, the notice prescribes simplified procedures for export cargo returning to Indian ports due to closure of the Strait of Hormuz, permitting vessels to berth at their port of departure and enabling offloading without SAM or Bill of Entry where the vessel did not call at foreign ports. Cargo and container particulars must be verified against Shipping Bills and seals checked; tampered seals trigger 100% examination. Shipping Bills and Let Export Orders (LEO) are to be cancelled after recovery of any disbursed export incentives; Back-to-Town movements and waiver of related fees are authorised with priority processing.
Pursuant to CBIC Circular No. 09/2026, the notice prescribes simplified procedures for export cargo returning to Indian ports due to closure of the Strait of Hormuz, permitting vessels to berth at their port of departure and enabling offloading without SAM or Bill of Entry where the vessel did not call at foreign ports. Cargo and container particulars must be verified against Shipping Bills and seals checked; tampered seals trigger 100% examination. Shipping Bills and Let Export Orders (LEO) are to be cancelled after recovery of any disbursed export incentives; Back-to-Town movements and waiver of related fees are authorised with priority processing.
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