The Central Board of Indirect Taxes and Customs (CBIC) has directed action for recovery of inadmissible duty credit under incentive and reward schemes. The Principal Commissioner of Customs has issued a circular regarding the recovery of export benefits given under Incentive and Reward Schemes under Chapter 3 of FTP on the re-import of exported goods. […]
The post CBIC directs Action for Recovery of Inadmissible Duty Credit under Incentive and Reward Schemes [Read Circular] appeared first on Taxscan | Simplifying Tax Laws.
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