Further rationalization of revised simplified procedure for fixation of brand rates
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....arding. Attention of all Importers, Exporters, Customs Brokers and members of Trade is invited to the CBECs Circular No. 54/2016-Customs dated 22.11.2016 on the above cited subject. 2, The Board has decided to further rationalize the revised simplified procedure as follows - (a) The working sheet (submitted by applicant with brand rate fixation claim) showing the drawback amount, each document....
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....of utilization under the brand rate fixation claim. 3. Based on the above, - (I) in future applications made under the revised simplified brand rate scheme the requirement of submitting original duty paying documents for endorsing/ defacement by verifying officer during post-facto checking stage shall be dispensed except to the extent of random cross-verification of not more than 5 per cent ori....
TaxTMI
TaxTMI