Government orders for physical verifications of all documents to ensure strict compliance of provisions in wheat export registration process

Government orders for physical verifications of all documents to ensure strict compliance of provisions in wheat export registration process https://www.taxtmi.com/news?id=25444 Regional Authorities must physically verify all applicant documents, including Letters of Credit already approved, before issuing wheat export Registration Certificates; professional agencies may be engaged. Verification must confirm recipient bank endorsement and investigate instances where LC dates precede but message exchanges post date the regulatory cutoff. Suspected ante dating will lead to full investigation and initiation of proceedings under the FT (D&R) Act, with examination for referral to investigative agencies and action where banker complicity is found. en-us Tue, 31 May 2022 14:16:21 +0530 Tue, 31 May 2022 14:16:21 +0530 TaxTMI RSS Generator Government orders for physical verifications of all documents to ensure strict compliance of provisions in wheat export registration process https://www.taxtmi.com/news?id=25444 Regional Authorities must physically verify all applicant documents, including Letters of Credit already approved, before issuing wheat export Registration Certificates; professional agencies may be engaged. Verification must confirm recipient bank endorsement and investigate instances where LC dates precede but message exchanges post date the regulatory cutoff. Suspected ante dating will lead to full investigation and initiation of proceedings under the FT (D&R) Act, with examination for referral to investigative agencies and action where banker complicity is found. News - Tue, 31 May 2022 14:16:21 +0530 https://www.taxtmi.com/news?id=25444