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TMI BlogCBEC exceeds target in recovering arrears of revenueX X X X Extracts X X X X X X X X Extracts X X X X ..... CBEC exceeds target in recovering arrears of revenue - News and Press Release Dated:- 13-5-2008 - News - The Central Board of Excise Customs (CBEC) has exceeded its target in recovering arrears of revenue fixed for the financial year 2007-08. As against the target of Rs. 3550 crore, the department has collected Rs. 5035 crore, which is 42% higher than the target. CBEC had adopted a Task-Forc ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e based approach for recovery of arrears in an effective manner. The Task-Force known as Tax Recovery Cell (TAR) is headed by an officer of the rank of Chief Commissioner and is assisted by nodal officers stationed at six different locations across the country. A well formulated Action Plan implemented in the F.Y 2007-08 included the sensitization of Commissioners/Chief Commissioners by holding re ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... view meetings at Nodal/Zonal levels, initiating steps for vacation of the stay orders in deserving cases, filing early hearing applications in Courts/CESTAT and regular follow-up of such cases, circulation of favourable orders, including those for pre-deposit, passed by CESTAT / Courts for quick recovery of connected arrears, immediate recovery of arrears free from restraints and regular monitorin ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... g of performance of field formations in arrears collection. Concerted efforts made by TAR in close coordination with the field offices, DGCEI and DGRI has aided in achieving this record realisation. - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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