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CBIC issues verification regulations for new importers, exporters
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Synopsis
The Commissioner of Customs shall on the basis of the report of verification submitted by the proper officer, and other evidence as deemed necessary, determine the outcome of the verification within fifteen days and cause its entry on the Customs Automated System.
The Board issued the Customs (Verification of Identity and Compliance) Regulations, 2021, on Tuesday. They will not apply to central government, state governments, and public sector undertakings.
The Central Board of Indirect Taxes and Customs (CBIC) notified verification regulations for new importers, exporters and customs brokers, where non-compliance may lead to penalty of Rs 50,000. ....

Abhishek Jain , Central Board , Indirect Taxes , Common Portal , Income Tax Return , Customs Automated System , Customs Automated Systems , Customs Automated , அபிஷேக் ஜெயின் , மைய பலகை , மறைமுகமாக வரி , பொதுவானது போர்டல் , வருமானம் வரி திரும்ப , சுங்க தானியங்கி அமைப்பு , சுங்க தானியங்கி அமைப்புகள் , சுங்க தானியங்கி ,