Jayanta Bandyopadhyay (310 Points)
24 November 2022Can an exporter submit same export shipping bill to more than one AD / bank just to get some easy money for the time being. Is it permissible?
somesh chandak
(bombay)
(74 Points)
Replied 25 November 2022
No - Fake shipping bills will create a lot of problems for sure.
your refund application can be rejected
Jayanta Bandyopadhyay
(310 Points)
Replied 25 November 2022
It is not a fake shipping bill. 2 sets of same export are submitted to 2 banks possibly to get liquid cash
Later on, one is closed
It is an hanitual practice
Please guide with act and section reg
Regards
J Bandyopadhyay
CAclubindia
