CBIC issues SOPs for exporters, explains stringent verification process adopted

CBIC informs that it has taken measures to apply stringent risk parameters-based checks driven by rigorous data analytics and Artificial Intelligence tools based on which certain exporters are taken up for further verification after finding many cases of fraudulent refund claims; States that the exporters, on being informed in this regard, to expedite the verification, should fill in information in the format attached as Annexure ‘A’ and submit the same to their jurisdict...