Tax Guru

Supplementary Drawback Claim Not Time-Barred When Cause Arose on Re-Valuation Date

CESTAT held that limitation under Rule 15 starts from communication of re-valuation, making the supplementary drawback claim filed within three months ...
Tax Guru

CAG Audit Finds Major Delays and Manual Processes in Duty Drawback Claims

The audit found widespread control gaps, delayed processing, and weak automation in duty drawback administration. These deficiencies exposed the exchequer to significant revenue ...
Indiatimes

CBIC asks officers to clear pending Customs, drawback refund claims by month-end

New Delhi, May 14 () The CBIC has asked field offices to clear all pending refunds of customs and drawback claims by month-end. New Delhi, May 14 () The CBIC has asked field offices to clear all ...
The Free Press Journal

CBIC Starts Electronic Disbursal Of Duty Drawback Directly To Exporters' Bank Accounts

Central Board of Indirect Taxes and Customs (CBIC) has started to electronically disburse duty drawback amounts directly to the bank accounts of exporters in order to facilitate trade, the Finance ...
Hindustan Times

Court directs CBI to probe in fraudulent Customs duty drawback

A special CBI court denied discharge for a former Customs official accused of enabling fraudulent duty drawback disbursals, prompting a broader investigation. MUMBAI: A special CBI court recently ...