Opportunity to furnish unsecured-loan confirmations is required before reassessment initiation; proceedings require fresh consideration after taxpayer...
Under-reporting on a first reassessment return attracts penalty, while enhanced misreporting penalty requires proof of a statutory misreporting catego...
The customs administration has launched a Drawback Mela to clear long-pending drawback claims caused mainly by missing replies, documents, sample-testing reports and PFMS-rejected bank details. Exporters must first respond to EDI queries in ICES, submit supporting physical documents and e-BRCs where required, expedite test reports for sample-drawn shipments, and correct bank account details on ICEGATE before seeking reprocessing through Sevottam. The special drive is intended to facilitate early disposal of claims pending with the Port Commissionerate, and affected exporters are advised to attend prepared with all necessary clarifications and records.
The customs administration has launched a Drawback Mela to clear long-pending drawback claims caused mainly by missing replies, documents, sample-testing reports and PFMS-rejected bank details. Exporters must first respond to EDI queries in ICES, submit supporting physical documents and e-BRCs where required, expedite test reports for sample-drawn shipments, and correct bank account details on ICEGATE before seeking reprocessing through Sevottam. The special drive is intended to facilitate early disposal of claims pending with the Port Commissionerate, and affected exporters are advised to attend prepared with all necessary clarifications and records.
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