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CBIC asks customs officers to complete inquiry in commercial fraud cases within a year

By Economic Times - 3 weeks ago
The Central Board of Indirect Taxes and Customs (CBIC) has issued new guidelines for investigating export/import fraud cases. To ensure transparency and minimize business disruption, customs officials must now state the specific inquiry in their summons and strive to complete investigations within one year. The CBIC aims to balance efficient fraud detection with a business-friendly environment.

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