Bonded facility ---- alertness about misuse

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..... It is brought to the notice of the field formations that an alleged fraud had been committed at Chennai wherein a CHA has defrauded the department by way of evasion of Customs duty by misusing the bond facility. 2. Available report indicates that the CHS would clear the imported raw material from Customs on the pretext of bonding. The raw material would then be ta .....

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..... eventive Branches may also be asked to profile the high risk bonded goods/importers and to selectively draw out samples of suspect cases in order to rule out similar frauds. 5. The Board may kindly be kept informed of the outcome of this exercise. - Circular - Trade Notice - Public Notice - Instructions - Office orders Tax Management India - taxmanagementindia - taxmanagemen .....

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