https://www.taxtmi.com/circulars?id=62506 Lower value confiscated consumer goods ready for disposal shall be offered to NCCF/Kendriya Bhandar and other duly registered consumer cooperatives at a uniform rebate, subject to ten year functionality, tax and VAT return evidence, annual verification by an officer not below AC/DC, obligation to sell only to bona fide consumers, no selective item choice, first come first served allocation, and departmental account scrutiny. Higher value lots and all other confiscated goods above the threshold shall be disposed of by e auction or auction cum tender with no rebate available. en-us Thu, 22 Sep 2016 00:00:00 +0530 Wed, 18 Sep 2019 12:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=62506 Lower value confiscated consumer goods ready for disposal shall be offered to NCCF/Kendriya Bhandar and other duly registered consumer cooperatives at a uniform rebate, subject to ten year functionality, tax and VAT return evidence, annual verification by an officer not below AC/DC, obligation to sell only to bona fide consumers, no selective item choice, first come first served allocation, and departmental account scrutiny. Higher value lots and all other confiscated goods above the threshold shall be disposed of by e auction or auction cum tender with no rebate available. Circulars Customs Thu, 22 Sep 2016 00:00:00 +0530 https://www.taxtmi.com/circulars?id=62506