Contact us   Feedback   Subscription   New User   Login      
Tax Management India .com
TMI - Tax Management India. Com
Extracts
Home List
← Previous Next →

Drawback-penalty

Customs - Started By: - arbs sarma - Dated:- 6-5-2016 Last Replied Date:- 9-5-2016 - Dear sirsWe offered discounts to foreign customers subsequent to export which resulted in short realisation of export proceeds. During audit on being pointed out by dept we paid excess Drawback along with interest. Now dept is asking us to pay penalty.Query:Are we liable for penalty , if so, under what section and up to what extent. - Reply By surya narayana - The Reply = Dear Friend,There is no such express pro .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 



|| Home || Acts and Rules || Notifications || Circulars || Schedules || Tariff || Forms || Case Laws || Manuals ||

|| About us || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members || Site Map ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.

Go to Mobile Version