GSTnews item18 September 2017

With Rs 1.56 lakh cr stuck in litigation, CBEC orders officers to target Rs 10 cr and above cases, deliver quick solutions

News Update

With Rs 1.56 lakh cr stuck in litigation, CBEC orders officers to target Rs 10 cr and above cases, deliver quick solutions

Published Date: Sep 19, 2017
Source: ICAI PD Committee
With legal cases piling up and blocking revenue flow, the Central Board of Excise and Customs (CBEC) has urged its field formations across the country to expedite resolution of disputes that are worth over Rs 10 crore. There are over 3,000 such pending cases with an accumulated revenue demand of Rs 1.56 lakh crore. In a ‘litigation management’ meeting last month, the revenue secretary is believed to have asked the CBEC to pay special attention to pending cases involving over Rs 10 crore.
Read Original News Article