CBIC prescribes procedures for arrears recovery / inadmissible ITC reversal, detention & release of goods

CBIC lays down procedure for recovery of arrears under existing law & inadmissible ITC reversal; Also issues instructions w.r.t. interception of conveyances and inspection, detention, release and confiscation of goods in movement; Clarifies the process for refund to UIN agencies while granting one-time waiver in case of UINs not recorded in invoices pertaining to refund claims for past 3 quarters : CBIC...