Page 11 - Banking Finance December 2018

U A

ref n s of 2 77 oo s an e i po n e for apses n er i h

rore to e porters o rt
thorities i po nded a car ein sent a dea er fro d cherr to
eare
hir ananthap ra for persona se of his c s
he finance inistr said that
to er itho t an e a i . t has to e enerated
ref nd of
if oods orth ore than Rs are transported
Rs 2 77
t is not app ica e on oods for persona cons p
crore to e
tion. he atter ent to the era a hi h co rt.
porters has
he co rt said the ehic e co d e i po nded for
e e n
apses nder the a s. B t the iti ant is free
c eared as
on cto er hich is . of the to press for his ar ents that it as for persona se thro h ad dication.
tota s ch c ai s ith the ta a thori o e er he i ha e to pro e the car ein transported stand e e pted fro
ties. n a state ent the inistr said the .
Rs crore orth ref nd is
f the person ants the ad dication can happen at the co issioner appea s
sti pendin ith the o ern ent
e e no . he co rt did not co ent on hether s ch a ehic e as sed for
and that is ein e peditio s pro
persona and ho seho d effects and accordin the e a i o d not app .
cessed .
t he d that these estions o d e decided ad dicatin a thorities.
i in the ref nds rea p the in he co rt ade o ser ations on ar er and harsh o tco es ori inatin fro
istr f rther said that Rs 2 crore
inor apses. t stated the a at ti es can e harsh and the co rts s a
of ref nds ha e een disposed of
needs to respect the e is ati e isdo . s a th r e carr in e a i
as on cto er hich is . of
for o e ent of oods ith a e ore than Rs is andator .
the tota s ch c ai s. s ch as Rs
crore orth of ref nd e ate to fi e R
c ai s are he d p on acco nt of ari
he B on the reco endations of the co nci has notified that the d e
o s deficiencies hich ha e een
date to fi e for R is ece er 2 . he
co nicated to e porters for re e
ta pa ers hose re istrations ha e een can
dia action.
ce ed the proper officer on or efore epte er
ith re ard to ref nd of inp t ta 2 i ha e to f rnish their fina ret rns in
credit c ai s the inistr said of the for R ece er 2 . he fina re
tota c ai s of Rs 2 crore the t rn i consist of the partic ars of c osin stoc
pendenc as on cto er stood at he d at the ti e of c osin the siness and the
Rs 2 crore. credit in on the is to e paid a on ith the ret rn.

B CE | DECEMBER | 201 | 11