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...
Customs invites applications to empanel voluntary expert valuers for import and export valuation of diamonds, gemstones, jewellery, pearls, synthetic gemstones and industrial diamond powder. Eligibility generally requires relevant qualifications and five years' valuation experience, subject to reduction or waiver for higher qualifications or exceptional achievement, alongside a clean professional record and independence. Shortlisting follows CV screening, practical assessment and interview. Appointed valuers must submit standardised reports and records, cooperate in proceedings, avoid conflicts, and serve without remuneration; Customs Officers retain final decision-making authority. Appointments are non-transferable and subject to review. False information or valuation, negligence, misconduct or undisclosed interests can result in suspension, cancellation, depanelment after hearing, and legal proceedings.
Customs invites applications to empanel voluntary expert valuers for import and export valuation of diamonds, gemstones, jewellery, pearls, synthetic gemstones and industrial diamond powder. Eligibility generally requires relevant qualifications and five years' valuation experience, subject to reduction or waiver for higher qualifications or exceptional achievement, alongside a clean professional record and independence. Shortlisting follows CV screening, practical assessment and interview. Appointed valuers must submit standardised reports and records, cooperate in proceedings, avoid conflicts, and serve without remuneration; Customs Officers retain final decision-making authority. Appointments are non-transferable and subject to review. False information or valuation, negligence, misconduct or undisclosed interests can result in suspension, cancellation, depanelment after hearing, and legal proceedings.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4915 
