NEWS UPDATE
Right to Sleep - A Legal lullaby Nexus between Election Manifesto and Budget 2024 in July! GST Penalty of Rs. 3731 Crores on an employee! TIOL Fiscal Awards: Maastricht is dead & gone! What next? When the Stars Aligned: An Evening at the TIOL Awards Kudos for Digitalisation vs Pillories for e-waste! Import of Obscene goods - Who decides obscenity - Customs? EV Revolution: Lessons for India to learn from US and China! Massager or sex toy? One Nation, Many Elections: Time to repair the feet of clay! Too Many Sleuths Spoil the GST Soup WTO needs active aid-in-dying! China favours alternative trade architecture! GST in Income tax The Rhetoric of Illusory Decoupling of American Economy from Chinese! Where is that GST Appellate Tribunal? Trump's return to Oval Office! China sweating like just out of heated hammam! Cached Cash and GST America to quit NATO! A case of more theatre than threat! Aha, Trumpian in flavour! Doctrine of Proportionality Global Trade: Ruptured geopolitical order letting Red Sea turn 'Redder'! Templated Show Cause Notice - GST Ishtyle Interim Budget 2024: Quo Vadis, Indian Economy? Personal Hearing - By Law, Not Discretion Interim Budget 2024: Will FM really play fiscal 'Santa Claus' today! Sweet Beginning - Halwa Served - Budget Interim US Presidential Election: 'Tariff Man' is coming! Take cover! Summons - power of pen more effective than the presence of an officer in court Mamma mia! Nationalism-tinged AI may derail 'Re-globalisation'! PM visits GST Academy Din over DIN: What is FOMO for CBIC is actually JOMO for CBDT! Arrest under PMLA

GST - CBIC Chairman asks officers to liquidate pendency relating to Budgetary Support Scheme

Published: Jul 21, 2018

By TIOL News Service

NEW DELHI, JULY 21, 2018: IN his weekly communication the CBIC Chairman, Mr S Ramesh, has directed Zonal Chief Commissioners to liquidate the pendency relating to the budgetary support scheme. It may be recalled that under the GST regime, eligible manufacturing units under area based exemption scheme are being provided budgetary support for the residual period. This has bestowed the Department with the task of implementation of another arena of trade facilitation. That being so, he has urged field officials to expendite the refund pending with them.

He has also drawn the attention of Customs Commissionerate towards the concept of 'E-Malkhana'. Delhi Customs has introduced this online facility relating to seized goods. This captures data starting from the time of seizure up to their disposal. In his letter the Chairman has also noted that a very unique and relevant course has been organized by NACIN in collaboration with Gujarat Forensic Sciences University from August 16-18, 2018 on digital evidence collection and analysis, forensic investigation as well as crypto-currency related investigation.

Referring to the Inaugural Ceremony of India's assumption as as Vice Chair of the Asia Pacific Region of WCO, he congratulated two of the Commissioners for their pioneering works. Mr Suvir Misra, ADG Systems, Mumbai, and Mr Sunil Kumar Sinha, Commissioner, Delhi Customs both had the international participants spell bound with their respective presentations on Applications of Blockchain technology in Customs Clearance and on Risk Management in Postal clearance.

TIOL SEARCH