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Customs - Highlights / Catch Notes

Home Highlights January 2022 Year 2022 This

Recovery of excess due credit issued from Status Holder ...

Case Laws     Customs

January 1, 2022

Recovery of excess due credit issued from Status Holder Incentive Scrip (SHIS) Scheme - It is contended that once the benefits of the Scheme are utilised, then the Authorities have no power to cancel or impose recovery - The Authority, who issued the demand notice, shall conduct an enquiry by affording an opportunity to the petitioners and decide the issues on merits and in accordance with law, including the legal grounds and the point of limitations raised by the parties. - HC

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