Govt. decides to extend
facility of furnishing Letter of Undertaking, in place of bond, to small
exporters without bank guarantee; States, “The issue of cash blockage is
expected to be partially addressed by this measure”; Relevant Notification for
this shall be issued in due course : Finance Ministry Press Release
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Delhi HC holds 10% pre-deposit requirement for penalty-only appeals inapplicable where SCN was issued before amendment
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