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DGFT & CBIC: Real doomsayers of Indian Economy? 1st Story

June 11, 2018 2154 Views 0 comment Print

As far as I understand, the export promotion policy is put in place to promote the exports from India. However, I doubt it very much, the way; the Indian bureaucracy formulates & implements the same. The transaction costs of export administration are so high within the system that even the incentives have no meaning because the exporters find themselves serving the vested interests of the bureaucracy rather than real gain at the end of the day. I firmly believe that perverse approach can never deliver results but then this does not bother the bureaucracy at all.

Advance Authorisation /Duty Exemption Scheme: Why cheating with exporters?

April 3, 2018 5988 Views 1 comment Print

This is a story about the elite IAS, ITS & IRS housed in the Udyog Bhawan & the North Block. I always thought that these officials would be able to think through the problem & formulate policy & procedures, which would be easy, transparent & easy to understand for the beneficiaries & easy to implement but alas that is not to be.

CBEC: Why should officials cheat & indulge into frivolous litigation

March 21, 2018 2202 Views 0 comment Print

Rajiv Gupta The moot question is what the worth of the laws in this country is! Are they even worth the paper on which they are printed? The officials indulge into outright cheating & even abuse the beneficiary or issue veiled threats. This is the ground reality & no one seems to be bothered. The […]

Why export promotion policy favour defaulters & punish efficient exporters- Part 2

March 4, 2018 1641 Views 1 comment Print

In this second part, we deal with the legalities & the policy provisions regarding the clubbing & redemption. The latest policy provision made Vide Public Notice No. 32/2015-2020 dtd. 18.10.2017 reads as under:

Why export promotion policy favour defaulters & punish efficient exporters- Part I

March 1, 2018 1902 Views 3 comments Print

The law is not a rational code. The law is an ass & the bureaucracy is responsible for it. These are all well known but then even a beneficial Export Promotion Policy will be afflicted by it is very difficult to digest but then always trust the miraculous Indian bureaucracy for cracking a poor joke.

Export Promotion: DGFT & CBEC- Why bureaucracy rejoices in failure of clean administration—Part 2

February 22, 2018 1947 Views 1 comment Print

In this 2nd part of the article, I bring to the kind notice of the readers that how the DGFT builds in the loopholes in the system to facilitate the unscrupulous exporters. Take the example of an Advance Authorization (AA).

Export Promotion: DGFT & CBEC- Why bureaucracy rejoices in failure of clean administration- Part 1

February 16, 2018 2481 Views 1 comment Print

The DGFT started with the computerization of the DGFT network in 1995 but even after a lapse of 20 years till date they have not been able to achieve the same. The reason is simple because no bureaucrat ever wants the power to slip from their hands or the opportunity to harass the exporters.

CBEC: The root cause analysis of corruption reveals interpretation: Part 2

February 12, 2018 1872 Views 0 comment Print

Why the Comptroller & Auditor General (CAG) does not raise audit objections or take cognizance thereof even when it is absolutely clear that somebody has indulged into corrupt interpretation to ensure benefit in a very veiled manner. Can the corrupt interpretations be ignored & no action ever taken?

CBEC: The root cause analysis of corruption reveals interpretation- Part I

February 8, 2018 1782 Views 2 comments Print

The way interpretation is practiced by the miraculous Indian bureaucracy to cheat the Indian citizens in numerous ways on everyday basis. They make a foolish law & then foolishness perpetuates in terms of interpretation to harass the assesses to no end & you may complaint right up to the Cabinet Secretary or the minister but to no avail.

CBEC: Manipulative law & devious interpretation cannot be hallmark of a just taxation regime

December 25, 2017 1923 Views 2 comments Print

The law needs to be transparent & implemented in a just manner & there are no two ways about it. However, the miraculous Indian bureaucracy does not believe in this basic tenet. The law is written in such a difficult manner that the lawmakers in themselves are not clear that what is the true intention […]

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