The matter has been examined and it has been decided to finalise the cases for grant of credit under Passbook Scheme by 31.12.98. The Designated Authority and the Commissioner of Customs are once again advised to finalise all admissible cases positively by 31.12.98.
The Dte. General of Anti-evasion have unearthed duty evasion of over Rs. 50 crores by certain EOUs. The Modus Operandi used by the EOUs was as under
