https://www.taxtmi.com/circulars?id=1125 Alert identifies Customs duty evasion at a bonded warehouse receiving petroleum via pipeline where assessable values declared in port warehousing bills were not used for exbond clearances, causing underpayment of Customs duties; some imported consignments appear unreceived at destination and were cleared on Excise duty alone, generating additional duty differentials and exposing potential legal violations, and field formations are instructed to verify records, take action, and report recoveries. en-us Thu, 04 Mar 1999 00:00:00 +0530 Thu, 07 Aug 2025 15:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=1125 Alert identifies Customs duty evasion at a bonded warehouse receiving petroleum via pipeline where assessable values declared in port warehousing bills were not used for exbond clearances, causing underpayment of Customs duties; some imported consignments appear unreceived at destination and were cleared on Excise duty alone, generating additional duty differentials and exposing potential legal violations, and field formations are instructed to verify records, take action, and report recoveries. Circulars Customs Thu, 04 Mar 1999 00:00:00 +0530 https://www.taxtmi.com/circulars?id=1125