- HC : Notification prescribing recovery of Clean-Environment-Cess in lieu of Statutory Procedure intra-vires; Upholds validity
- Tribunal : PepsiCo’s ‘Nimbooz’, ‘Slice’ and ‘Tropicana’ taxable as fruit drinks at 4%/5.5% KVAT, not 14%/14.5%
- SC : ‘Sharbat’ deriving identity from fruit content, is fruit drink; Applies common-parlance, essential-character test
- HC : Test report not invalid merely because samples tested in two labs; Upholds DRI seizure
- SC : Copy of SC-judgment quashing demand on 'Naphtha' predominantly used for fertilizer-production despite partial non-fertilizer use
CBEC clarifies on list of documents required for Know Your Customer (KYC) norms; If any one document ( as listed in Board Circular No 9/2010-Cus) contains both ‘proof of identity’ and ‘proof of addresses’, same would suffice for KYC verification purpose; Also, inlcudes "Addhar Card" in documents list required for KYC verification
Customs Circular No. 07/2015-Cus dated February 12, 2015
To download click here
 (1).PNG)
