TaxTMI 
TaxTMI 
Customs Revenue Collection Plan
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....evenue has been decided: (I) Finalization of Adjudication Cases All pending Customs cases as on 1.8.1997 involving duty amounts of Rs. 10 lakh and more shall be adjudicated by December, 1997. It is estimated that the total Customs duty involved in these cases is approximately Rs. 500 crones. The objective should be to ensure immediate recovery on completion of adjudication. Wherever appeals a....
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....which involve substantial duty and where warehousing period is expiring during the current year are cleared on payment of duty. It is estimated that the duty involved in these bonds is approximately Rs. 150 crores and we should be able to realize at least Rs. 100 crores during the current financial year. (IV) Disposal of uncleared Cargo in Ports, ICDs and CFS: We have laid down simplified pro....
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.... cases are taken up in a time bound manner and finalized during the current year. (VI) Disposal of confiscated goods : Separate targets have been assigned by the Anti-Smuggling Wing of the Board in this respect. It is estimated that we should be able to realize approximately Rs. 400 crores as a result of disposal of confiscated goods in the current year. You are requested to ensure that all c....