https://www.taxtmi.com/caselaws?id=238270 The Tribunal confirmed duty against exporting firms involved in fraudulent export activities to Russia under drawback and duty entitlement pass book schemes. Penalties were imposed on the exporting firms and the bank's Branch Manager for receiving remittances fraudulently. The exporting firms were directed to deposit 50% of the amount within eight weeks, with a warning of penalties and recovery stay for non-compliance. Compliance monitoring was scheduled to ensure adherence to the deposit directive. en-us Mon, 27 May 2013 00:00:00 +0530 Sat, 19 Oct 2013 13:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=238270 The Tribunal confirmed duty against exporting firms involved in fraudulent export activities to Russia under drawback and duty entitlement pass book schemes. Penalties were imposed on the exporting firms and the bank's Branch Manager for receiving remittances fraudulently. The exporting firms were directed to deposit 50% of the amount within eight weeks, with a warning of penalties and recovery stay for non-compliance. Compliance monitoring was scheduled to ensure adherence to the deposit directive. Case-Laws Customs Mon, 27 May 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=238270