https://www.taxtmi.com/circulars?id=3390 Amendments modify Handbook provisions to impose a compliance mechanism for value addition shortfalls-allowing no penalty if prescribed or actual positive value addition is met, otherwise requiring an equivalent TR deposit into the designated customs revenue head so deposit plus FOB receipts meet minimum value addition over CIF. Customs duty with interest recovered for regularisation or BG/LUT enforcement must be deposited by the licencee into the customs revenue head within thirty days of demand with documentary proof. The changes also expand approvals, SEZ/EOU operational rules, monitoring and NFEP/NFE calculation, Board of Approval powers, CST reimbursement procedures, sectoral conditions and reporting formats. en-us Fri, 31 Aug 2001 00:00:00 +0530 Wed, 26 Dec 2007 10:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=3390 Amendments modify Handbook provisions to impose a compliance mechanism for value addition shortfalls-allowing no penalty if prescribed or actual positive value addition is met, otherwise requiring an equivalent TR deposit into the designated customs revenue head so deposit plus FOB receipts meet minimum value addition over CIF. Customs duty with interest recovered for regularisation or BG/LUT enforcement must be deposited by the licencee into the customs revenue head within thirty days of demand with documentary proof. The changes also expand approvals, SEZ/EOU operational rules, monitoring and NFEP/NFE calculation, Board of Approval powers, CST reimbursement procedures, sectoral conditions and reporting formats. Circulars DGFT Fri, 31 Aug 2001 00:00:00 +0530 https://www.taxtmi.com/circulars?id=3390