The Central Board of Indirect Taxes and Customs (CBIC) on July 21, 2020 has issued a notification for crowd sourcing of suggestions for review of existing customs duty exemption notifications or customs laws and procedures. The government has taken a step forward to institute a facility at Mygov Innovate portal for all the stakeholders and public at large to provide their suggestions online. The last date to submit the suggestions is August 21, 2020.
[Instruction No. 14/2020-Customs]
Get all CBIC Updates in one place, Subscribe us to never miss an update from CBIC, Goal of AVACOM for compliance officers is to understand legal updates in India and how the company needs to file the compliances to avoid fines and penalties, it is achieving that goal, so it can be documented and as necessary, shown to regulators or other stakeholders who might be asking about the company’s compliance program.
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