« Top Headlines » Open DEMAT Account in 24 hrs  How To File ITR Online - Step by Step Guide to Efile Income Tax Return, FY 2023-24 (AY 2024-25)  Old or new tax regime for TDS on salary? This post-election 2024 event will impact your tax planning  What Are 5 Heads Of Income Tax?  Income Tax Dept releases interim action plan for FY25 on tax collection, refund approvals   Income Tax Return: 5 lesser-known tax-saving tips from Section 80  Income Tax Return: 5 lesser-known tax-saving tips from Section 80  Why you need not rush to file your ITR immediately  Income tax returns: ITR-1, ITR-2, ITR-4 forms for FY 2023-24 available for e-filing  Section 80DDB tax benefits for specified illnesses: 5 things to know  Income tax slabs FY 2024-25: Five tips to help taxpayers decide between old and new income tax regimes  ITR-1, ITR-2, ITR-4 forms for FY 2023-24 (AY 2024-25) available now on e-filing income tax portal «  `SEZ tax sops to cost over Rs 1 lakh cr in 4-yr period'... Finance ministry on terror money trail... » 450 exporters face revenue dept heat November, 24th 2006 Around 450 exporters are under the lens of the revenue department for possible misuse of supplementary drawback claims of Rs 15-20 crore over the last three years.    The move has been initiated following the detection of misuse of duty drawback benefits by some exporters.    Revenue department officials said the case came to light earlier this year when the department found some exporters were claiming supplementary drawback through special drawback rates, which had not been notified by the revenue department. Initially, the scale of the fraud was estimated at around Rs 8 crore.    In July this year the department referred the matter to the Central Bureau of Investigation (CBI).    An outsourced worker handling the online system for the Customs department was arrested after he was found to be using the login identity of Customs officers without their authorisation.    Further investigation by the CBI found manipulation in the software of the National Informatics Centre, the government agency that handles data systems for the Central Board of Excise and Customs.    When contacted, a CBEC spokesperson said the CBI had made some arrests in the case. National Informatics Centre officials did not comment on the matter.    Officials said the department had already recovered Rs 10 crore. Following the case, the CBEC has also asked its field formations for suggestions on how to beef up the security of the data systems.    The revenue department has begun issuing showcause notices to all exporters who have made supplementary drawback claims in the last three years, according to Ajay Sahai, director-general, Federation of Indian Export Organisations.    Since the fraud has been detected in the Indira Gandhi International airport, the department should first verify with Punjab National Bank (the nodal bank for drawback on exports from the airport) to see how many claims have been made by exporters, he said.    Several supplementary drawback claims were made since the drawback rates were increased by the department with retrospective effect. The cases where one exporter has made more than half a dozen supplementary claims on the same shipping bill are the ones that should be examined, he said.    There are two kinds of drawback the all industry drawback rates and the brand rate of drawback.    The all industry drawback rate takes into account the yield ratio, which is the duty suffered on the item vis--vis the export price, while the brand rate is fixed for a company for a particular product.    However, officials added that there was no proposal to shift the systems operations from the National Informatics Centre to another organisation.