Monthly Archives: August 2021

Amendment of Bill of Entry after Out of Charge

In the EDI regime, unlike manual system of assessment of Bill of entry in the case of imports, any amendment of particulars is tough.  Tougher is the case when the entire chain of activities namely assessment, payment of duty, examination and out of charge is completed.  But to err is human.  Of course, such errors…

TRADE FRAUDS

Trade Frauds

In Tamil, there is a saying that as long as there is one to get cheated, there will be people who continue to take them for a ride.  These days, I am hearing lot of incidents of people being taken for a ride.  Earlier, we used to get such incidents from poor countries of the world whereas now cheaters are from rich countries as well.  I am yet to understand this pattern but things are on the rise.  In this post, I am examining the issue and what to do in case one is defrauded!