electronic credit and debit ledgers, copy of
Statement 3 and copy of FIRC advice from CITI bank.
Thus, it is clear that they ... invoices, if any, raised by them. Also they had not
produced any FIRC or BRC copies since no invoices
had been raised by them
FEMA) and
regulations framed thereunder. In connection therewith, Foreign Inward
Remittance Certificates(FIRCs) were issued by the authorised dealer
(AD)/receiving bank. Such FIRCs indicate ... approval route. The Review Applicants also
referred to and relied upon the FIRCs issued by the Indian Overseas Bank
FEMA) and
regulations framed thereunder. In connection therewith, Foreign Inward
Remittance Certificates(FIRCs) were issued by the authorised dealer
(AD)/receiving bank. Such FIRCs indicate ... approval route. The Review Applicants also referred to
and relied upon the FIRCs issued by the Indian Overseas Bank
FEMA) and
regulations framed thereunder. In connection therewith, Foreign Inward
Remittance Certificates(FIRCs) were issued by the authorised dealer
(AD)/receiving bank. Such FIRCs indicate ... approval route. The Review Applicants also
referred to and relied upon the FIRCs issued by the Indian Overseas Bank
question, the petitioner has, admittedly, not enclosed
the Foreign Inward Remittance Certificates (FIRCs) that are to accompany the
claim, to evidence bank realization. According ... EDPMS. Further, AD Category -I banks need to report
the electronic FIRC to EDPMS wherever such FIRCs are issued against
inward remittances
accused, on the basis of which 'Foreign Inward Remittance certificate" (FIRC) was obtained by Accused Nos.1 to 4, with the connivance ... dated 13.07.1993 for undervaluing the car was said to have been issued; FIRC was also obtained by production of a letter dated 08.09.1994. Thus
accused, on the basis of which 'Foreign Inward Remittance
certificate" (FIRC) was obtained by Accused Nos.1 to 4, with the connivance ... dated 13.07.1993 for undervaluing the car was
said to have been issued; FIRC was also obtained by production of a letter
dated 08.09.199 4. Thus
produced at the
time of Assessment.
(b).The additional requirement of FIRC was sought on 21.12.2010. The company had approached the banker (with whom ... discontinued relationship. It was learnt that the FIRC pertaining to financial year 2007-2008 would take considerable time since the back up documents
Show-Cause Notice (FORM GST RFD-08), stating that the "FIRC details
uploaded was not in openable format". On the next day, petitioner ... filed its
reply on 19.05.2023, uploading a rectified version of the FIRC details. Despite
this, on 06.06.2023, the first respondent issued a second Show-Cause
recipients. Upon issuing invoices, payments were received under
Foreign Inward Remittance Certificates (FIRC). Thereafter, the petitioner
filed a refund application in respect of unutilised ... amounts disallowed as time
barred because the said claim pertains to FIRCs issued from April 2018 to
August 2018.
7. Notification No.13/2022
