Faceless Assessment Under Customs
- Year of Publication: 2021
- Edition: 1st
- ISBN: 978-93-90926-77-0
- No.of Pages: 264
Faceless Assessment, duly supported by Paperless and Contactless Customs clearance processes is a critical reform. The Book makes an honest effort to explain the benefits and challenges that this new reform might bring in the life of the taxpayer, in a simple and layman friendly language with charts and diagrams for easy understanding. One of the key objectives of the “Faceless Assessment” is to ensure that there is no contact between the importer and the assessment officer for the reasons well known in India due to practices being followed in the authority. The Scheme also aims at exponentially faster clearance of goods, reduced interface between trade and Customs officers and enhanced ease of doing business.
The Book attempts to provide complete understanding about what Faceless assessment is, and its finer nuances. The Book covers all the Legal provisions, notifications, circulars, public notices and orders that are relevant to this Scheme and gives a holistic view about the current scenario and what the future holds. The Book also contains a complete compilation of the above in the form of Appendices and an updated contact details including phone numbers and e-mail addresses of all the Turant Seva Kendras (TSKs) set up on each port under this new assessment process.
Shri N. C. Jain has a brilliant academic record. He did his M. Com, L.L.B and L.L.M. and started his career as Lecturer in Commerce in St. John’s College Agra. Mr. Jain joined Indian Revenue Service in 1963. He acted as an Officer of the Income Tax Department performing duties of investigation, audit, appeals, training, and other areas of tax administration at various levels of hierarchy reaching to the position of Chief Commissioner of Income Tax and Director General of Investigation in the Revenue Service and thereafter Chairman of Income Tax Settlement Commission. He acted as Joint Secretary in the Central Board of Direct Taxes, Ministry of Finance looking after the tax planning and Foreign tax Divisions in the Central Board
Mr. Jain is co-author of several books including Redevelopment of Housing Societies, Deemed Conveyance under the Maharashtra Ownership Flats Act, Limited Liability Partnership and Doing Business in India.
Commercial LAW PUBLISHERS (INDIA) PVT. LTD. which is in the legal publishing business for nearly three decades is now one of the top ranking legal publishers in India–recognized and accepted by diverse professionals and business entities as well as Government Departments in view of the high quality, practical utility as well as diversity in subjects on which it brings out Books. It has the powerful backing of its vast exposure as the leading Books Distributor All over India for over 45 years. From just a couple of titles during the first few years of its publishing activity, Commercial has now around 200 titles and over 350 Bare Acts & Manuals in the field of Direct Indirect Taxes, Corporate Law and Civil/Criminal Laws. It successfully launched the Bare Acts project in the year 1996 and has so far brought out over 350 updated Bare Acts. These are much sought after since these Bare Acts are annotated ones containing notes and brief comments, thus enhancing their utility. Commercial has been bold enough to bring out Books, Commentaries and Referencers on hitherto untouched subjects like Legal Metrology. It has a record number of publications on Income Tax, Company Law, Customs, GST and Students Publications for CA & CS by bringing out high quality publications at affordable prices and is an highly ethical business enterprise. Commercial has withstood the market competition successfully over the years including competition from Foreign publishers and strives its best to serve the legal and corporate professionals better and better every day with its novel ideas and business strategy. Commercial is backed by a team of highly competent in-house professional experts supplemented by high profile authors who have stood by it for decades.
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- Year of Publication: 2021
- Edition: 1st
- ISBN: 978-93-90926-77-0
- No.of Pages: 264
Faceless Assessment, duly supported by Paperless and Contactless Customs clearance processes is a critical reform. The Book makes an honest effort to explain the benefits and challenges that this new reform might bring in the life of the taxpayer, in a simple and layman friendly language with charts and diagrams for easy understanding. One of the key objectives of the “Faceless Assessment” is to ensure that there is no contact between the importer and the assessment officer for the reasons well known in India due to practices being followed in the authority. The Scheme also aims at exponentially faster clearance of goods, reduced interface between trade and Customs officers and enhanced ease of doing business.
The Book attempts to provide complete understanding about what Faceless assessment is, and its finer nuances. The Book covers all the Legal provisions, notifications, circulars, public notices and orders that are relevant to this Scheme and gives a holistic view about the current scenario and what the future holds. The Book also contains a complete compilation of the above in the form of Appendices and an updated contact details including phone numbers and e-mail addresses of all the Turant Seva Kendras (TSKs) set up on each port under this new assessment process.
Shri N. C. Jain has a brilliant academic record. He did his M. Com, L.L.B and L.L.M. and started his career as Lecturer in Commerce in St. John’s College Agra. Mr. Jain joined Indian Revenue Service in 1963. He acted as an Officer of the Income Tax Department performing duties of investigation, audit, appeals, training, and other areas of tax administration at various levels of hierarchy reaching to the position of Chief Commissioner of Income Tax and Director General of Investigation in the Revenue Service and thereafter Chairman of Income Tax Settlement Commission. He acted as Joint Secretary in the Central Board of Direct Taxes, Ministry of Finance looking after the tax planning and Foreign tax Divisions in the Central Board
Mr. Jain is co-author of several books including Redevelopment of Housing Societies, Deemed Conveyance under the Maharashtra Ownership Flats Act, Limited Liability Partnership and Doing Business in India.
Commercial LAW PUBLISHERS (INDIA) PVT. LTD. which is in the legal publishing business for nearly three decades is now one of the top ranking legal publishers in India–recognized and accepted by diverse professionals and business entities as well as Government Departments in view of the high quality, practical utility as well as diversity in subjects on which it brings out Books. It has the powerful backing of its vast exposure as the leading Books Distributor All over India for over 45 years. From just a couple of titles during the first few years of its publishing activity, Commercial has now around 200 titles and over 350 Bare Acts & Manuals in the field of Direct Indirect Taxes, Corporate Law and Civil/Criminal Laws. It successfully launched the Bare Acts project in the year 1996 and has so far brought out over 350 updated Bare Acts. These are much sought after since these Bare Acts are annotated ones containing notes and brief comments, thus enhancing their utility. Commercial has been bold enough to bring out Books, Commentaries and Referencers on hitherto untouched subjects like Legal Metrology. It has a record number of publications on Income Tax, Company Law, Customs, GST and Students Publications for CA & CS by bringing out high quality publications at affordable prices and is an highly ethical business enterprise. Commercial has withstood the market competition successfully over the years including competition from Foreign publishers and strives its best to serve the legal and corporate professionals better and better every day with its novel ideas and business strategy. Commercial is backed by a team of highly competent in-house professional experts supplemented by high profile authors who have stood by it for decades.
