Quick Summary
The Central Board of Indirect Taxes and Customs (CBIC) has released Instruction No. 27/2024-Customs, dated November 1, 2024, to guide Customs field formations on handling tax evasion investigations while promoting ease of doing business. This directive aims to strike a balance between rigorous enforcement of customs regulations and minimizing disruptions to legitimate trade activities in both import and export sectors. Under the new guidelines, Customs officers are instructed to adopt a more st
Daily Limit Reached
You have reached your daily limit of 2 Free News
Subscribe to CCI PRO for unlimited access
Why Upgrade to CCI PRO?
- No Ads
- WhatsApp Community
- Daily E-Newsletter
- Unlimited News Access
- Profile Visitors
- Link Social Profiles
- Featured Job Posts
- Pro Badge
- Expert GST Guidance
- Unlimited Forum Replies
- Download Content in PDF
1 Year PLAN
1999
(Excl. of GST ₹359)
2 Years PLAN
3499
(Excl. of GST ₹629)
BEST VALUE
3 Years PLAN
4999
(Excl. of GST ₹899)
View all CCI PRO benefits
Already a PRO member? Login here for an ad-free experience. 07941056694
FAQ :
The new guidelines aim to balance thorough tax evasion investigations with promoting ease of doing business for importers and exporters, ensuring legitimate trade is not unduly disrupted.
These guidelines focus on 'commercial intelligence/fraud' (CI) cases, which involve suspected tax evasion in the import or export of goods, distinct from outright smuggling.
Ideally, a CI case investigation should reach its conclusion within one year.
The guidelines instruct officers to avoid unnecessary detainment of goods, use streamlined and transparent investigative processes, and seek information holistically to minimise interaction with businesses.
The Commissioner is responsible for approving the initiation, development, and completion of any intelligence or investigation within their jurisdiction, ensuring a balanced approach.
Yes, officers are advised to seek documents preferably by letter, issue summons with reasonable timeframes, clearly state the relevancy of requested information, and avoid vague or general expressions in inquiries.
CAclubindia
